Systemic risk is the possibility that an event at the company level could trigger severe instability or collapse in an entire industry or economy.  ( 19 min )

BMO offers a relatively basic CD with special rates for certain terms. Learn about BMO's current CD rates and features to make an informed decision and grow your savings.  ( 21 min )

Consider applying for long-term care insurance sooner than you'll need it, possibly in your mid-50s. If you wait too long, premiums can be much higher or you may be denied.  ( 22 min )

CIVETS is an investing acronym for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, nations seen as rising emerging markets in the late 2000s.  ( 22 min )

You don't need a big deposit to earn one of today's record CD rates. These nation-leading CDs have very low or even no minimum deposit required.  ( 17 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 18 min )

Apple (AAPL) shares had a rough week, tumbling almost 6% and dragging down a number of popular ETFs that are heavily exposed to the world's most valuable company.  ( 17 min )

In finance, the term laddering is used in a variety of ways depending on the industry. A common usage relates to bond ladders for retirement income.  ( 24 min )

American household net worth increased in the second quarter of 2023 with stock and real estate assets making gains.  ( 17 min )

U.S. equities rose, with the S&P 500 gaining 0.1% on Sept. 8, 2023 to snap a three-day losing streak, as tech stocks rebounded.  ( 17 min )

An accountant is a certified financial professional who performs functions such as audits or financial statement analysis according to prescribed methods.  ( 21 min )

A Bitcoin ETF is like a mutual fund, but the intent is to track Bitcoin's price and trade on an exchange. Learn about these new types of ETFs.  ( 22 min )

"Agency MBS Purchase" typically refers to the U.S. Federal Reserve's policy of purchasing certain government-backed securities.  ( 21 min )

US equities gained, with the S&P 500 Index gaining 0.1% on Sept. 8, 2023, snapping a three-day losing streak, as concerns about interest rates and US-China tensions eased.  ( 16 min )

Nasdaq Inc. said Friday the Securities and Exchange Commission has given it permission to launch the first-ever exchange AI-powered order type, called Dynamic Midpoint Extended Life Order (M-ELO).  ( 16 min )

Among the IRS’s new initiative, the agency plans to contact about 1,600 taxpayers earning $1 million or more who owe hundreds of millions of dollars in taxes.  ( 18 min )

Find out how the underground or shadow economy can affect the accuracy of the calculation of a country's gross domestic product (GDP).  ( 19 min )

College students’ streaming subscriptions are no exception to the trend of rising prices, as many popular streaming platforms recently lifted prices for their discounted student plans.  ( 18 min )

Block's Square and Cash App payment systems suffered an outage Thursday that left customers unable to access accounts, sending the parent company's stock down more than 5% Friday.  ( 17 min )

Principal is money lent to a borrower or put into an investment. It can also refer to a private company’s owner or the chief participant in a deal.  ( 25 min )

Those TurboTax commercials touting “free free free” tax filing were false false false for most taxpayers, a judge ruled this week.  ( 18 min )

A risk-adjusted return accounts for the riskiness of an investment compared to the risk-free rate of return.  ( 22 min )

If you have exhausted all other avenues, a hardship withdrawal may be worth considering.  ( 28 min )

Social Security retirement benefits are often used to supplement other income in retirement. However, some people live on Social Security alone. Here's how it can work.  ( 25 min )

Reports of a Chinese government ban on Apple's iPhone have sent the stock lower and some of its suppliers are hurting too.  ( 17 min )

Once you’re actually retired, consider these strategies to minimize taxes on your income  ( 25 min )

Annuities and bonds are two choices for investors seeking a steady income in retirement. Explore key differences in risks, costs, potential returns.  ( 25 min )

Other post-employment benefits are benefits other than pensions that employers provide to retired workers. They can include life and health insurance.  ( 23 min )

If you're saving for retirement, you have several strategies to choose from. The best retirement plans are typically tax-advantaged accounts like 401(k)s and IRAs.  ( 31 min )

Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.  ( 20 min )

Ally Bank CD rates are competitive, and there is no minimum deposit required to open. Several term options, as well as a special no-penalty CD, are available.  ( 20 min )

High-end furnishings retailer RH warned that elevated mortgage rates will crimp the luxury housing market and hurt its sales.  ( 17 min )

As of early September, federal student loan borrowers had resumed making payments at the same level as before the pandemic struck, ahead of the October deadline for required payments to resume.  ( 17 min )

Learn about Chase Bank's CD rates and how they compare to the competition. Make informed decisions and see if you can maximize your returns with Chase Bank's CD options.  ( 19 min )

Joining the heated AI race, Ant Group's LLMs can be used in finance-related services such as wealth management, market analysis, and investor education.  ( 17 min )

A certificate of deposit (CD) can be a great way to secure your savings and grow your finances. Learn what CIT Bank CD Rates are and how you can benefit.  ( 21 min )

CDs can be a great tool for a temporary conservative investment, but rates vary widely. Citibank has a variety of CD options, some with competitive rates.  ( 21 min )

Citizens Bank offers a 14-month certificate of deposit (CD) account with a decent APY. Learn more about its features and how to open a new account.  ( 19 min )

Priced out is a term used to describe buyers who cannot or will not pay the current market price for a good.  ( 23 min )

U.S. equities advanced at midday on Friday, Sept. 8, with the S&P 500 set to snap its 3-day losing streak, as lower bond yields took some pressure off battered tech stocks.  ( 16 min )

First Republic Bank’s CD rates are relatively high, but they have a high minimum balance requirement as well. Learn more and see if First Republic is right for you.  ( 21 min )

Several Federal Reserve officials said the interest rates were high enough at the moment, but unless inflation slowed down even further, more hikes could be needed.  ( 18 min )

DocuSign exceeded profit and sales estimates and boosted its outlook, but warned about macroeconomic pressures. It attributed the positive results to last year's restructuring.  ( 16 min )

Baby Doge is a cryptocurrency token available to trade on decentralized exchanges. Learn how to buy Baby Doge here.  ( 20 min )

After retreating for two weeks, 30-year mortgage rates have roared back over the last three days and have now risen above their 22-year high set in August.  ( 19 min )

An automatic transfer of funds is a standing banking arrangement involving transfers from a customer's account are made on a regular, periodic basis.  ( 21 min )

The federal funds rate is the target interest rate set by the Fed at which commercial banks borrow and lend their extra reserves to one another overnight.  ( 27 min )

Disputes over pay and other conditions led to strikes at Chevron's Australian LNG facilities responsible for over 5% of global supply.  ( 17 min )

Federal direct loans are popular ways to get federal help with college costs. However, they do have some drawbacks, especially for graduate students.  ( 23 min )

Here's a description of a day in the life of a junior financial analyst.  ( 24 min )

The companies will build linguistically diverse generative AI applications for 450 million Reliance Jio Infocomm customers across India amid mounting geopolitical tension between the U.S. and China.  ( 17 min )

Wondering if student loans are amortized? Here's everything you should know about student loans and amortization.  ( 24 min )

The deferment period is an agreed-upon time during which a borrower does not have to pay interest or principal on a loan, such as with a student loan.  ( 22 min )

Monetary policy impacts every asset class, and investors commonly structure their portfolios to benefit from and absorb economic policy changes.  ( 21 min )

Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 25 min )

The unemployment rate is the percentage of the total labor force that is unemployed but actively seeking employment and willing to work.  ( 32 min )

A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren’t restricted to real estate. Here’s what you need to know about a personal loan vs. a mortgage.  ( 25 min )

While there are plenty of good reasons to take out a personal loan, thanks in large part to their versatility, there are also a few scenarios where it might be a bad idea.  ( 24 min )

The tampon tax refers to the tax imposed on menstrual hygiene products by various national, state, and local governments across the globe, including in the U.S.  ( 22 min )

Global leaders are expected to discuss the war in Ukraine and standards to regulate cryptocurrencies at the 2023 G20 Summit in India.  ( 18 min )

Consumers with super-prime credit are considered to have excellent credit and pose the least risk to lenders and creditors.  ( 25 min )

A twit pitch is a slang term used to describe a variation of an elevator pitch.  ( 20 min )

Coincheck is a Tokyo-based cryptocurrency exchange and digital wallet founded in 2012.  ( 22 min )

Employees at Chevron’s Australian liquefied natural gas plants go on strike and luxury furniture retailer RH lowered its revenue projections on a slowdown spurred by high mortgage rates. Here’s what investors need to know today.  ( 18 min )

Dental insurance typically doesn't cover cosmetic procedures, including teeth whitening, Learn what is covered and what your options are when paying for whitening.  ( 22 min )

US equities gained, with the S&P 500 Index gaining 0.1% on Sept. 8, 2023, snapping a three-day losing streak, as concerns about interest rates and US-China tensions eased.  ( 1 min )

Block's Square and Cash App payment systems suffered an outage Thursday that left customers unable to access accounts, sending the parent company's stock down more than 5% Friday.  ( 1 min )

Nasdaq Inc. said Friday the Securities and Exchange Commission has given it permission to launch the first-ever exchange AI-powered order type, called Dynamic Midpoint Extended Life Order (M-ELO).  ( 1 min )

Apple (AAPL) shares had a rough week, tumbling almost 6% and dragging down a number of popular ETFs that are heavily exposed to the world's most valuable company.  ( 1 min )

U.S. equities rose, with the S&P 500 gaining 0.1% on Sept. 8, 2023 to snap a three-day losing streak, as tech stocks rebounded.  ( 1 min )

U.S. equities advanced at midday on Friday, Sept. 8, with the S&P 500 set to snap its 3-day losing streak, as lower bond yields took some pressure off battered tech stocks.  ( 1 min )

Employees at Chevron’s Australian liquefied natural gas plants go on strike and luxury furniture retailer RH lowered its revenue projections on a slowdown spurred by high mortgage rates. Here’s what investors need to know today.  ( 1 min )

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Reports of a Chinese government ban on Apple's iPhone have sent the stock lower and some of its suppliers are hurting too.  ( 1 min )

Joining the heated AI race, Ant Group's LLMs can be used in finance-related services such as wealth management, market analysis, and investor education.  ( 1 min )

High-end furnishings retailer RH warned that elevated mortgage rates will crimp the luxury housing market and hurt its sales.  ( 1 min )

Disputes over pay and other conditions led to strikes at Chevron's Australian LNG facilities responsible for over 5% of global supply.  ( 1 min )

Fabrikant van straalmotoren CFM International meldt dat 68 van zijn motoren vervalste onderdelen van het louche Britse bedrijf AOG Technics bevatten. Het gaat om CFM56-motoren die gemonteerd zijn op type vliegtuigen die het grootste deel uitmaken van de mondiale vloot.  ( 4 min )

Op de Londense luchthavens Heathrow en Gatwick is hetzelfde soort beton aangetroffen waardoor eerder ruim honderd Britse scholen moesten sluiten. Dat gebeurde uit vrees voor de veiligheid. Het lichte RAAC-beton blijkt namelijk minder lang mee te gaan dan gedacht.  ( 4 min )

Barclays bereidt zich voor om volgende week honderden banen te schrappen om kosten te besparen. Dat melden ingewijden aan persbureau Bloomberg. Het zou onder meer gaan om ongeveer 5 procent van het personeel dat zich met klanten bezighoudt binnen de handelstak van de Britse bank.  ( 3 min )

Schiphol test een apparaat uit dat ultrafijnstof uit de lucht moet halen, schrijft Het Parool. De luchthaven zegt naar schonere lucht te streven, zodat werknemers gezond hun werk kunnen doen.  ( 4 min )

Met een investering van 500 miljoen euro wordt de Nederlandse Staat aandeelhouder van netwerkbedrijf Stedin. Dat moet de energiezekerheid ten goede komen.  ( 3 min )

De Belastingdienst moet de werkelijke opbrengst belasten van bijvoorbeeld spaargeld, beleggingen en vakantiehuizen. Dat staat in een voorstel van demissionair staatssecretaris Marnix van Rij (Fiscale Zaken) om op een andere manier belasting te heffen op vermogen.  ( 4 min )

Big Bazar wil zijn Belgische tak verkopen en zo geld binnenhalen om te kunnen garanderen dat de positie van schuldeisers komende weken niet verslechtert. Op die manier hoopt de koopjesketen de rechter zover te krijgen dat die extra tijd geeft om een dreigend faillissement te voorkomen.  ( 4 min )

De term 'fossiele subsidies' duikt de laatste tijd weer regelmatig op. Maar wat hebben miljarden aan misgelopen staatsinkomsten en een A12-blokkade van Extinction Rebellion met elkaar te maken? We zetten de belangrijkste informatie voor je op een rij.  ( 6 min )

Er moeten veel meer inzamelpunten komen voor statiegeldblikjes en -flesjes, vindt staatssecretaris Vivianne Heijnen van Milieu. Ze is teleurgesteld over het aantal verpakkingen dat nu wordt ingenomen.  ( 4 min )

Handelsprijzen voor basisvoedsel zoals graan, zuivel en vlees daalden in augustus naar het laagste punt sinds maart 2021. Dit komt onder meer door gunstige oogsten. De daling kan voordelig uitpakken voor de prijs van onze boodschappen.  ( 4 min )

Het aanvragen van een bouwvergunning kost in de ene gemeente soms wel 10.000 euro meer dan in de andere. De Vereniging Eigen Huis (VEH) stoort zich aan het grote verschil.  ( 4 min )

Techgigant Apple is op de beurs in twee dagen tijd 190 miljard dollar (177 miljard euro) minder waard geworden. De daling komt door berichten dat Chinese ambtenaren geen gebruik meer mogen maken van iPhones.  ( 3 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. Frankrijk introduceert net als Duitsland een ov-kaart voor een vast bedrag per maand. Reizigers kunnen vanaf volgende zomer voor ongeveer 50 euro een pas kopen waarmee ze een maand lang met de trein kunnen reizen. Vandaag is daarom de stelling: Met een goedkoper ov-abonnement pak ik minder snel de auto. Breng je stem uit en discussieer mee.  ( 2 min )

Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?  ( 6 min )

Nu de vakantie voorbij is stromen de snelwegen weer vol met auto's. Vooral op dinsdag- en donderdagochtend staat Nederland vast. Waarom doen we dat onszelf aan?  ( 6 min )

Just months after leaving the White House in 2021, Jared Kushner secured a $2 billion investment from a Saudi crown prince-led fund, despite objections from the fund’s advisers about the deal. A panel that screens investments for the Saudi sovereign wealth fund expressed concerns about Kushner’s new private equity firm, Affinity Partners. According to The New York Times, they cited issues like the firm’s inexperience, the possibility of the kingdom bearing most of the investment risk, unsatisfac  ( 32 min )

Stocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.  ( 32 min )

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RH, which caters to high income shoppers, says the housing market poses a challenging environment for the business.  ( 32 min )

Rampant inflation has been a pressing issue for both the U.S. government and the Federal Reserve. President Biden signed the Inflation Reduction Act into law over a year ago, while the Fed has raised interest rates aggressively to stabilize price levels. But according to Peter Schiff, CEO and chief global strategist at Euro Pacific Capital, these measures have not been effective. “Bidenomics and Fed rate hikes have both failed,” he said in a recent post on X, formerly known as Twitter. Don’t Mis  ( 33 min )

The tech stock rally seen for most of the year has been taking a bit of a breather lately. However, considering the huge strides made by the big tech names in 2023, that hasn’t stopped market prognosticators from pondering whether we are entering an AI-fueled tech bubble. So, are we? Well, not according to Peter Oppenheimer, chief global equity strategist at Goldman Sachs. “Current valuations in the technology sector are not as stretched as in previous bubble periods and the ‘early winners’ that  ( 35 min )

Stocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.  ( 32 min )

Retailers, coffee shops and others said they were losing business because they were unable to process credit-card payments.  ( 26 min )

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New York Attorney General Letitia James escalated her civil fraud allegations against former President Donald Trump in a new court filing.  ( 26 min )

Coca-Cola shares are losing their fizz: The beverage giant's shares are down for an eighth consecutive trading day. If today's decline holds, the stock will notch its longest losing streak since March 2018, according to Dow Jones Market Data. Shares are down about 4% since Aug. 28.  ( 22 min )

After concerns about China sent Apple shares stumbling, some on Wall Street don't think the sell-off was warranted.  ( 33 min )

After concerns about China sent Apple shares stumbling, some on Wall Street don't think the sell-off was warranted.  ( 33 min )

After retreating for two weeks, 30-year mortgage rates have roared back over the last three days and have now risen above their 22-year high set in August.  ( 20 min )

Biocept Inc (NASDAQ: BIOC) shares are trading higher after the company signed a non-exclusive licensing agreement for CNSide with Plus Therapeutics Inc (NASDAQ: PSTV), which expands the comprehensive laboratory services agreement between the two companies that was announced in June 2022. Benzinga exclusively broke the story. Plus Therapeutics is using CNSide in a clinical trial with their targeted radiotherapeutic to treat patients with carcinomas and/or melanomas with suspected leptomeningeal m  ( 31 min )

(Bloomberg) -- Kroger Co. rose the most in six months after agreeing to sell 413 stores to C&S Wholesale Grocers in a divestiture designed to help win antitrust approval for its $24.6 billion merger with Albertsons Cos.Most Read from BloombergHong Kong to Ease Shutdown After Record Rain Overwhelms CityUS Probes Made-in-China Chip as Tensions Flare Over TechnologyApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsBoss  ( 34 min )

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A House panel has passed a bill that would temporarily expand the standard tax deduction used by the majority of taxpayers by $2,000 per person for the next two years. The Tax Cuts for Working Families Act (H.R.3936) recently approved by … Continue reading → The post Temporary Tax Plan Could Boost Your Standard Deduction By Up to $4,000 appeared first on SmartAsset Blog.  ( 32 min )

Grocers Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their merger. Kroger will also divest the Debi Lilly Design, Primo Taglio, Open Nature, ReadyMeals and Waterfront Bistro private label brands. Kroger and Albertsons agreed to merge in October.  ( 32 min )

Shares of VinFast fell early Friday, extending some of the steep losses seen since a run-up that made the EV company one of the world's most highly valued automakers. VinFast stock was recently down about 3%. It closed Thursday at $17.99, off substantially from its high just above $82 on Aug. 28.  ( 23 min )

Adobe upgraded, DigitalOcean double downgraded: Wall Street's top analyst calls  ( 34 min )

The best investors will often tell you that one vital ingredient for stock market success is an overlooked and underappreciated one: patience. With this year’s bull market appearing to stall, billionaire stock picker Ken Fisher reminds investors that it’s a quality needed to weather the more difficult periods, which are also a natural component of any bull market. “Volatility isn’t a flaw in this bull market. It is a feature of all bull markets, which proverbially climb a ‘Wall of Worry,’” the F  ( 35 min )

Kroger incurred a $1.4 billion charge related to a nationwide opioid settlement in the latest quarter and said it would divest hundreds of stores as it seeks approval for its merger with Albertsons.  ( 25 min )

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RBC analyst Chris Dendrinos launches coverage of ChargePoint stock with a Buy rating and a $9 price target.  ( 23 min )

🔎 Apple (AAPL): The tech giant's stock held broadly steady premarket, after the company shed nearly $190 billion in market value over the past two days. [The Wall Street Journal reported](https://www.wsj.com/world/china/china-bans-iphone-use-fo  ( 23 min )

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Some questions still remain: Where will the business be headquartered? What is the state doing to keep it here? How is current litigation impacting the spinoff?  ( 20 min )

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Stocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.  ( 33 min )

Stock futures inched down on Friday, with those on the Nasdaq 100 pointing lower even as Apple's slump took a breather.  ( 33 min )

Apple shares were inching up Friday after worries about a ban on iPhone use by Chinese government officials hit the stock. Wall Street analysts are assessing the likely direction for the rest of the year.  ( 23 min )

ICE's Jeff Sprecher is crusading to modernize the painfully slow home loan loop that typically takes around two months and costs about $8,000.  ( 35 min )

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Apple lost $200 billion in value following reports that Beijing may limit iPhone use in government departments and state-owned enterprises.  ( 34 min )

After the Chinese government curbed iPhone usage among government staff, the company's stock took a hit. But it might be only the beginning.  ( 33 min )

Stronger-than-expected services activity and a fall in weekly jobless claims have rekindled fears of elevated interest rates among market participants, dragging the S&P 500 and Nasdaq lower on Thursday. On the radar is Consumer Price Index for August due on Sept. 13, which will be followed by the Federal Reserve's policy decision on Sept. 20. "While our base case is for no further hikes in this cycle, we expect economic uncertainty to keep equity markets volatile and range-bound in the coming months," said Mark Haefele, chief investment officer at UBS Global Wealth Management.  ( 32 min )

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.  ( 32 min )

China's passenger vehicle sales jumped 2.2% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Friday. Car sales totalled 1.94 million units last month. Sales were up 1.8% at 13.38 million units in the first eight months of the year.  ( 30 min )

Stocks with steadily growing payouts have trailed the market as investor have flocked to growth shares and locked in higher bond yields.  ( 23 min )

Walgreens shares have lost two-thirds of their value over the past five years. The problems are wide-ranging.  ( 23 min )

(Bloomberg) -- The offshore yuan weakened toward its lowest on record against the dollar, as a cut to the daily reference rate for the managed currency stoked bets China is comfortable with a gradual depreciation.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesTraders Shun Risk Amid Apple’s $190 Billion Rout: Markets WrapSoaring US Dolla  ( 31 min )

The general public does not know this yet, but there is no longer any doubt that a Bitcoin spot ETF will come to the US market, writes Charlie McGlynn of XREX. It's just a matter of when.  ( 35 min )

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Shares in Taiwan's TSMC, a major Apple supplier, dropped around 1% on opening on Friday after reports that China has widened curbs on iPhone use by state employees. The broader index was down around 0.4%.  ( 31 min )

Bitcoin rose Friday morning in Asia to above US$26,000, leading a rally across most top 10 cryptos. Ether gained but was still below US$1,650.  ( 32 min )

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General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.  ( 1 min )

Shares of C3.ai tumbled on Thursday after the enterprise AI application software maker warned it won’t turn profitable as quickly as anticipated as it spends more on the booming technology.  ( 1 min )

Cementos Argos, Summit Materials $3.2 billion combination to create one of the biggest US suppliers of cement and ready-mix.  ( 1 min )

The chargers will make use of Tesla's recently launched Universal Wall Connectors, which are compatible with the vast majority of electric vehicles (EVs) on the market today.  ( 1 min )

Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.  ( 1 min )

China's iPhone ban for government officials probably will have little impact on Apple, as the banned devices are a fraction of expected sales there in the next year.  ( 1 min )

Australia's securities regulator is suing PayPal for a contract term that it says is unfair to small businesses.  ( 1 min )

US equities fell, with the S&P 500 Index slipping 0.3% on Sept. 7, 2023, its third straight decline, on concerns about rate hikes, pressure on tech companies from China.  ( 1 min )

Markets were mixed at midday on Thursday, Sept. 7, 2023, as tech stocks slumped, dragged down by shares of Apple as China cracks down on iPhone use by government workers.  ( 1 min )

Apple shares fell after China banned iPhone use for government employees and GameStop shares jumped after the meme stock narrowed its losses on cost-cutting measures. Here’s what investors need to know today.  ( 1 min )

When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. Customers complained that a subscription for a hardware feature only makes sense if the upfront cost is small or nonexistent -- not when someone has already spent around $50,000 on a luxury car.  ( 31 min )

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The stock dropped below its IPO price for the first time Thursday. The litigation is at an early stage but seems to be worrying Wall Street.  ( 23 min )

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Shares of the movie theater firm have fallen 98% from their meme-stock highs of 2021.  ( 23 min )

Shares of the EV company fell almost 27% on Thursday, marking a seventh straight session of losses.  ( 23 min )

Chris Winfrey says he’s ready to call it quits on live sports entirely, charging that Disney let its own house “burn to the ground.”  ( 33 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 20 min )

Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei  ( 35 min )

General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.  ( 19 min )

(Bloomberg) -- Brookfield Asset Management Ltd. is exploring the sale of Atlantis Paradise Island Bahamas, and could fetch roughly $2.5 billion for the luxury resort, according to people with knowledge of the matter.Most Read from BloombergHong Kong Shuts Down City After Heaviest Rainfall On RecordApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, Agencies‘Blame the Boome  ( 32 min )

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(Bloomberg) -- One of Wall Street’s biggest stock-market pessimists dialed back his bearish forecast for the S&P 500 Index.Most Read from BloombergApple’s 2-Day Slide Nears $200 Billion on China IPhone CurbsTrudeau Says There’s No Room for Political Rapprochement With ChinaChina Seeks to Broaden iPhone Ban to State Firms, AgenciesHong Kong Shuts Down City After Heaviest Rainfall On Record‘Blame the Boomers’ for Surging House Prices, Barclays SaysGreg Boutle, head of US equity and derivative stra  ( 32 min )

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Bud Light’s marketing blunder is changing the beer industry landscape. According to “Shark Tank” star Kevin O’Leary, the impact is so unprecedented that he’s pumped to teach the case to business school students. “It’s such an incredible story that it’s becoming what’s called a chestnut case in business schools,” O’Leary said in a recent interview with Fox Business. “Beer is a commodity, the only thing of value is the brand you spent hundreds of millions creating and then to actually lose 25% mar  ( 34 min )

CFO Amy Hood also said that the Microsoft 365 copilot software is off to a strong start.  ( 22 min )

In the U.S., the full retirement age for Social Security benefits has been incrementally adjusted based on a person's birth year, now reaching 67 for those born in 1960 or later. But many people continue to work well beyond this age. According to data from the U.S. Census Bureau, about 650,000 Americans older than 80 were working last year, representing an 18% increase compared to a decade ago. Nearly 50% of those 650,000 Americans worked full time. Don't Miss: This REIT just teamed up with the  ( 33 min )

After ripping through June, AI stocks haven't bounced much during quarterly earnings to end the summer.  ( 33 min )

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T-Mobile CEO Mike Sievert came out swinging against rivals AT&T and Verizon as the company joins them in offering a dividend.  ( 33 min )

Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.  ( 18 min )

General Motors said Thursday it has offered workers a 10% wage hike and two additional 3% annual lump sum payments in its offer to the United Auto Workers union ahead of the Sept. contract expiration. The Detroit automaker said the wage hike is the largest proposed since 1999.  ( 30 min )

Comcast and Disney agreed to speed up the timeline for the streaming service the jointly own.  ( 33 min )

Covid is back in the headlines again. Turns out first lady Jill Biden has tested positive for Covid-19, albeit suffering only from “mild symptoms.” Meanwhile, President Joe Biden’s test results have come back as negative. But it’s not only at the White House where the coronavirus is making an unwelcome return. On the back of an upward curve that started toward the end of July, over the past week, Covid hospitalizations have witnessed a 16% uptick in the US. The spike comes against a backdrop of  ( 35 min )

Here is what experts say is behind inflated car insurance prices and what you can do to save money without sacrificing thorough coverage on your vehicles.  ( 33 min )

Eli Lilly and Denmark's Novo Nordisk are expected to roughly split the market for weight-loss drugs, both as diabetes and obesity treatments.  ( 23 min )

UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.  ( 17 min )

The FDIC released its quarterly look at the banking industry, showing that deposits dropped again in the second quarter and a key measure of profitability tightened.  ( 32 min )

According to documents reviewed by the Journal, the retail bellwether changed its wage structure for hourly workers in mid-July. The change in pay structure allows workers to move between work groups such as food, registers, stocking or digital fulfillment without pay impacts, the report added, citing the documents given to some store workers. Walmart did not immediately respond to a Reuters request for comment.  ( 31 min )

Stocks were lower on Thursday amid building signs the US economy could be running hot.  ( 32 min )

AT&T CEO John Stankey reacted to the company's stock price with Yahoo Finance Live.  ( 33 min )

Since early last year, for some 18 months now, the Federal Reserve has increased interest rates from near-zero to more than 5.5%. The move has tightened access to both capital and credit, effectively reducing the money supply – the classic response to persistent high inflation. Their efforts have borne some fruit, as the pace of inflation has slowed, in just over a year, from over 9% annually to 3.2% in the most recent data. The dramatic shift from more than a decade of loose money and low rates  ( 35 min )

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The recent trend of sagging share prices for market leaders is extending into Thursday morning, and it’s not just Apple. The PHLX Semiconductor Sector index dropped 3% shortly after the opening bell, while individual chip stocks are prominent among S&P 500 laggards. Nvidia recently fell 3.3% Q  ( 22 min )

Dell downgraded to Sell, McDonald's upgraded: Wall Street's top analyst calls  ( 33 min )

The stock has been hit by concerns over a ban on iPhone use by Chinese government officials. Analysts are weighing in on what comes next.  ( 23 min )

Stocks were lower on Thursday amid building signs the US economy could be running hot.  ( 32 min )

Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.  ( 22 min )

Apple suppliers and companies with large China exposure including Broadcom, Qualcomm and Texas Instruments fell between 1.2% and 2.8%. The iPhone maker's drop also pulled down the three main U.S. stock indexes. Reuters reported earlier in the day that Beijing told employees at some central government agencies in recent weeks to stop using their Apple mobiles at work.  ( 32 min )

AMC Entertainment shares were down around 4% in premarket trading, falling further after closing at a record low Wednesday. The movie theater  ( 22 min )

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Ford Motor Co said about 8,000 U.S. workers represented by the United Auto Workers union will get an average $4.33 an hour in additional pay under provisions of the current contract agreed in 2019. Ford announced the pay increases as talks with the UAW for a new contract are headed for a Sept. 14 strike deadline. The union has rejected Ford's recent wage increase proposals as inadequate.  ( 31 min )

The company sees a bright future manufacturing low-power chips.  ( 32 min )

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(Bloomberg) -- Apple Inc. shares tumbled in premarket trading Thursday, on track to wipe out $194 billion of market value in just two days, as China plans to expand a ban on the use of iPhones to government-backed agencies and state companies. Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fe  ( 32 min )

Wednesday evening, ChargePoint reported a per-share loss of 24 cents from $150.5 million in sales. Wall Street was looking for a 13-cent loss and about $153 million in sales.  ( 22 min )

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Stock futures pointed lower on Thursday amid building signs the US economy could be running hot.  ( 32 min )

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(Bloomberg) -- Not even the cheapest valuation since the Covid-19 pandemic is tempting investors to buy Walt Disney Co. shares.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapImprisoned Billionaire’s Wealth Soars on 919% EV Stock RallyLosses in its online video bus  ( 33 min )

There is more happening in tech land than surging interest in AI, Nvidia envy, and the return of high valuations.  ( 33 min )

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Stocks have slumped to start September, but the strategy team at BMO Capital Markets sees potential double-digit gains for the S&P 500 through the rest of the year.  ( 34 min )

Even with generous green subsidies, offshore wind projects are being called off as developers struggle to make a profit.  ( 26 min )

UiPath's quarterly revenue beats expectations but Wall Street analysts are still concerned about how artificial intelligence will affect the automation market.  ( 23 min )

C3.ai withdraws its forecast that it would reach profitability on an adjusted basis by the end of fiscal 2024, GameStop reports a narrower-than-expected adjusted second-quarter loss, and UiPath's adjusted earnings beat analysts' estimates.  ( 32 min )

With NFL and college football season just around the corner, Spectrum subscribers may look for new ways to cheer for their favorite teams.  ( 22 min )

(Bloomberg) -- Shares in Asia were broadly lower Thursday while the dollar strengthened further against major currencies as investors increased bets for further Federal Reserve policy tightening.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackTexas Teeters on Edge  ( 34 min )

In a sector bursting with bargains, Avista—down more than 25% this year—is particularly cheap. It trades for about 13.7 times earnings, its lowest multiple in more than 10 years.  ( 22 min )

The maker of inverters is fast becoming a supplier of full-home energy management.  ( 22 min )

(Bloomberg) -- China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges for Apple Inc. in its biggest foreign market and global production base.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as China, J  ( 33 min )

(Bloomberg) -- In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSo  ( 37 min )

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Wie een huis huurt in de vrije sector betaalt gemiddeld 4,5 procent meer dan een jaar geleden. Bij sociale huur waren de verhogingen minder sterk.  ( 4 min )

Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneuapparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.  ( 3 min )

Onder het grondpersoneel van KLM heerst flinke onrust. De luchtvaartmaatschappij wil namelijk niet ingaan op de looneis van 14,3 procent.  ( 3 min )

Philips heeft in de Verenigde Staten een schikking getroffen met klanten die gebruik hebben gemaakt van defecte slaapapneu-apparaten. Het concern maakte eerder dit jaar al 575 miljoen euro vrij voor deze schadevergoedingen.  ( 3 min )

Frankrijk voert net als Duitsland een ov-kaart in voor een vast bedrag per maand. Reizigers kunnen vanaf volgende zomer voor ongeveer 50 euro een pas kopen waarmee ze een maand lang met de trein kunnen reizen.  ( 3 min )

De opening van Lelystad Airport voor passagiersvluchten wordt opnieuw uitgesteld. Minister Mark Harbers (Infrastructuur) wilde waarschijnlijk volgend jaar een besluit nemen, maar dat is niet meer aan de orde.  ( 3 min )

Sommige energieleveranciers bieden nog steeds vaste contracten aan met tarieven boven het prijsplafond. Toezichthouder ACM waarschuwt consumenten dan ook om er rekening mee te houden dat het prijsplafond op 1 januari verdwijnt.  ( 3 min )

We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.  ( 5 min )

Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.  ( 4 min )

De Amerikaanse regering heeft een aantal vergunningen voor het boren naar olie en gas in de staat Alaska ingetrokken. Het gaat om vergunningen die de vorige president Donald Trump op de laatste dag van zijn termijn had afgegeven.  ( 3 min )

Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.  ( 4 min )

Japan heeft een raket gelanceerd met een telescoop die onderzoek gaat doen naar het ontstaan van het universum. Het Nederlandse ruimte-instituut SRON heeft daaraan meegewerkt. Ook wil Japan een maanlander naar het maanoppervlak brengen.  ( 4 min )

Slechts 1,1 procent van de koophuizen is bereikbaar voor alleenstaande starters met een modaal inkomen. Dat is net zo weinig als vorig jaar. Voor tweeverdieners is de situatie wel verbeterd.  ( 5 min )

We stappen iets minder snel over naar een nieuwe baan vanwege de economische onzekerheid in ons land. Ook is de groei van het aantal zzp'ers de laatste tijd afgevlakt.  ( 5 min )

De lonen in nieuwe cao's zijn in augustus 7,4 procent gestegen. Dat is historisch gezien nog steeds erg hoog, maar de piek van 8 procent die in juni werd bereikt lijkt daarmee voorbij.  ( 4 min )

Door de hoge stroomprijzen gaan mensen met elektrische auto's steeds meer op zoek naar manieren om de laadkosten te drukken. Dat staat in het jaarlijkse Nationaal Laadonderzoek, uitgevoerd door Rijksuniversiteit Groningen.  ( 4 min )

The sunk cost dilemma describes the decision of whether to stick with a project you've invested in that has not yet achieved desired results.  ( 19 min )

If your goals include a big paycheck and working for a Wall Street firm, then you need to learn how to meet employers' expectations.  ( 19 min )

Today's best CD rate is 6.00% from American 1 Credit Union, with available jumbo rates of 5.85% from One America Bank and 5.80% from both Finworth and All In Credit Union.  ( 19 min )

Most of those who don't believe they will ever be able to own cited a lack of affordability as the reason, with about half saying high home prices are keeping them from buying.  ( 17 min )

General Motors and Ford on Thursday increased their wage offers to the United Auto Workers (UAW) as the carmakers and Chrysler parent Stellantis attempt to reach an agreement with the union before a Sept. 14 deadline.  ( 18 min )

US equities fell, with the S&P 500 Index slipping 0.3% on Sept. 7, 2023, its third straight decline, on concerns about rate hikes, pressure on tech companies from China.  ( 16 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 20 min )

Shares of C3.ai tumbled on Thursday after the enterprise AI application software maker warned it won’t turn profitable as quickly as anticipated as it spends more on the booming technology.  ( 17 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 19 min )

Microtransactions have changed the economics of video games by making it possible for gaming companies to generate massive added revenue as games are played.  ( 24 min )

Cementos Argos, Summit Materials $3.2 billion combination to create one of the biggest US suppliers of cement and ready-mix.  ( 17 min )

If you're a brokerage or robo-advisor customer, you may be able to earn a high rate on your uninvested cash. But you can likely earn more with a high-yield savings account.  ( 18 min )

The traveler's dilemma demonstrates the paradox of rationality—that making decisions illogically often produces a better payoff in game theory.  ( 19 min )

Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 25 min )

Life insurance is a contract in which an insurer, in exchange for a premium, guarantees payment to an insured’s beneficiaries when the insured dies.  ( 39 min )

Deposits at FDIC-insured banks were down for the fifth straight quarter, while net income fell by double digits, the FDIC's latest Quarterly Banking Profile showed.  ( 17 min )

Fourth World is an outdated term that refers to the most underdeveloped, poverty-stricken, and marginalized regions and populations of the world.  ( 19 min )

The Reserve Bank of India (RBI) prints and manages currency in India, whereas the Indian government regulates what denominations to circulate.  ( 19 min )

See a full overview of PNC savings account interest rates. Compare PNC Bank to top competitors and find the right savings account for your financial needs.  ( 22 min )

After a two-week dip, 30-year mortgage rates have surged back to their priciest level since 2001. Rates rose for most other loan types as well, while a few averages were flat.  ( 18 min )

The chargers will make use of Tesla's recently launched Universal Wall Connectors, which are compatible with the vast majority of electric vehicles (EVs) on the market today.  ( 17 min )

USAA Bank offers many competitive CD options that consumers can choose from to fit their financial goals. Find out if USAA Bank CDs are right for you.  ( 20 min )

A floating exchange rate is a regime where a nation's currency is set by the forex market through supply and demand. The currency rises or falls freely.  ( 25 min )

CDs can be a great way to get a fixed guaranteed return on your investment. See if State Farm’s CDs—offered through U.S. Bank—make sense for you and your money.  ( 25 min )

Apple Bank offers a variety of CDs with rates that beat the national average, but fall short of the leading issuers. Learn more about Apple Bank’s certificates of deposit.  ( 20 min )

The State Employees’ Credit Union (SECU) is a nonprofit financial institution owned by employees of the State of North Carolina.  ( 21 min )

Markets were mixed at midday on Thursday, Sept. 7, 2023, as tech stocks slumped, dragged down by shares of Apple as China cracks down on iPhone use by government workers.  ( 16 min )

Business owners are optimistic about the future of their business despite predictions of recession, according to PNC semi-annual survey.  ( 17 min )

Shares of ChargePoint plummeted to an all-time low as the provider of charging stations for electric vehicles reported worse-than-expected results and announced a restructuring.  ( 17 min )

China's iPhone ban for government officials probably will have little impact on Apple, as the banned devices are a fraction of expected sales there in the next year.  ( 17 min )

Deflation is a macroeconomic term that refers to decreasing prices. For investors, deflation can mean dropping investment values and a preference for cash.  ( 22 min )

Capital One offers a solid certificate of deposit (CD) account, with a variety of term lengths, good rates, and no minimum deposit required.  ( 20 min )

UiPath shares surged after the company reported rising revenue and boosted its full-year outlook as demand for its artificial intelligence software jumped.  ( 17 min )

GameStop posted a narrower-than-expected loss for the quarter that ended in July thanks to strong demand for video games and growth in digital sales, amid a turnaround effort after a leadership shakeup this summer.  ( 19 min )

Australia's securities regulator is suing PayPal for a contract term that it says is unfair to small businesses.  ( 17 min )

From the end of World War II until around 1971, all countries in the IMF pegged their currencies to the U.S. dollar. Today, many still do.  ( 22 min )

A recapture provision is a clause that permits the ceding party in a contract to take back some or all of the risk originally ceded to a reinsurer.  ( 21 min )

Learn techniques for emphasizing your CFA Level I status in the Skills and Certifications or Professional Development section of your resume.  ( 20 min )

Forex (FX) is the market for trading international currencies. The name is a portmanteau of the words foreign and exchange.  ( 28 min )

The general consensus in economic theory is that deflation is bad for the economy. But for a period of around five years, the Swiss economy grew despite a drop in the price of consumer goods and services.  ( 21 min )

Apple shares fell after China banned iPhone use for government employees and GameStop shares jumped after the meme stock narrowed its losses on cost-cutting measures. Here’s what investors need to know today.  ( 18 min )

A morning star is a bullish candlestick pattern in a price chart. It consists of three candles and is generally seen as a sign of a potential recovery following a downtrend.  ( 23 min )

90/10 is an investment strategy proposed by Warren Buffett that deploys 90% of investment capital to S&P index funds and 10% to lower-risk investments.  ( 25 min )

Catastrophic health insurance is medical coverage open to people under 30 and adults of any age who have a government-approved general hardship exemption.  ( 20 min )

Take a brief look at some of the major arguments for and against balancing the budget and high debt levels for the U.S., the largest debtor in the world.  ( 24 min )

A bond's yield to maturity is the total interest it will earn, while its spot rate is the price it is worth at any given time in the bond markets. Here's why a bond's spot rate fluctuates even though its interest rate is set.  ( 21 min )

Markets are down today, and a series of related factors is exerting pressure. First, investors are concerned about a possible resurgence in the rate of inflation, which is directly linked to the second fear. This fear arises from rising oil prices, driven by the Russian-Saudi agreement to extend their oil production cuts until December of this year. Finally, with oil prices approaching $90 per barrel, the cost of gasoline is rising in the US markets, even though the summer driving season has com  ( 35 min )

(Bloomberg) -- For Dhiraj Bajaj, the sudden twists and turns were unlike any he'd ever seen in his two decade investing career.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsFirst, Dalian Wanda G  ( 36 min )

(Bloomberg) -- John Paulson was sued by his longtime business partner in Puerto Rico, who alleges the hedge fund billionaire made fraudulent claims to convince him to invest $17 million in a luxury automobile dealership on the island.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackStocks Retreat After Hot ISM Fuels Fed-Hike Wag  ( 32 min )

Four analysts polled by LSEG expect BlackBerry to report sales of $156.9 million. "Given the product mix, delays in closing certain large deals are expected to impact revenue recognized in the quarter," said BlackBerry's Executive Chair and CEO, John Chen. In August, media reports said private equity firm Veritas Capital made an offer to buy BlackBerry, months after the Canadian company began a strategic review.  ( 31 min )

While July quarter results topped estimates, the AI company sees mounting losses ahead.  ( 22 min )

Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.  ( 23 min )

Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 19 min )

The company said it will deliver fewer of the fighter planes this year than management had told investors to expect on a call to discuss its results.  ( 23 min )

Musk posted the bleak financial assessment as part of a rant against the ADL.  ( 32 min )

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(Bloomberg) -- US regional banks may need to raise significant amounts of additional debt to comply with new regulatory requirements, but the extra capital might not be enough to prevent future failures, according to research published Wednesday.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataStocks Retreat After Hot ISM Fuels Fed-Hike Wagers: Markets WrapSoaring US Dollar Raises Alarm as Chin  ( 33 min )

Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 18 min )

GameStop beat Wall Street estimates for second-quarter revenue on Wednesday, buoyed by demand for videogames, collectibles and consoles. The company reported revenue of $1.16 billion for the quarter ended July 29, up from $1.14 billion a year earlier. Analysts on average had estimated $1.14 billion, according to three analysts polled by LSEG.  ( 31 min )

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T-Mobile US said it will start paying shareholders a regular dividend starting later this year, joining peers like AT&T and Verizon. The Bellevue, Wash., company said Wednesday it will authorize another $19 billion in payments to shareholders from the fourth quarter through the end of 2024. The pay  ( 23 min )

New data shows the massive impact the electric vehicle buildout is making on manufacturing and infrastructure spending in America — a big win for the Biden administration and its legislative agenda.  ( 33 min )

T-Mobile will join telecom peers AT&T and Verizon Communications by starting to pay a dividend. The stock will yield around 1.9%.  ( 23 min )

The average rate on the 30-year fixed mortgage was 7.18% last week after surging to 7.24% the week prior.  ( 36 min )

"Would Nvidia's popping bring down the whole market? "It's very possible," the Research Affiliates founder, Rob Arnott, said.  ( 32 min )

The United Auto Workers union on Wednesday plans to make a labor contract counterproposal on economic issues to Ford Motor, a source told Reuters. Ford said last week it had offered a 9% wage increase through 2027, much less than the 46% wage hike being sought by the union. The UAW expects to receive a proposal from General Motors on Thursday, added the source, who spoke on condition of anonymity.  ( 31 min )

(Bloomberg) -- There’s little that can dent the world’s top performing stock this year, not even its founder being sent to prison for insider trading.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsS&P 500 Drops 1% as Hot ISM Fuels Hawkish Fed Bets: Markets Wr  ( 34 min )

Alteryx Inc, a data analytics software company with a market value of $2.2 billion, has been working with an investment bank to explore a potential sale after attracting takeover interest, according to people familiar with the matter. Fierce competition from big rivals such as Microsoft Corp and Oracle Corp, as well as setbacks in winning new business, have suppressed Alteryx's valuation and made it an acquisition target. The Irvine, California-based company is being advised by investment bank Qatalyst Partners on its discussions with potential acquirers, which include private equity firms, the sources said.  ( 31 min )

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Rob Arnott, a quantitative-investing pioneer known for steering investors out of complacency, says the chip maker is “a great company priced beyond perfection.”  ( 22 min )

“The timing could not be worse,” the Wedbush Securities analyst wrote about what he considers a “very likely” work stoppage.  ( 33 min )

Legendary investor Warren Buffett celebrated his 93rd birthday on Aug. 30. While many might imagine lavish celebrations and extravagant gifts for someone of his stature, Buffett has a unique perspective on birthdays and aging. Despite accumulating wealth at an incredible rate, earning an estimated $3.5 million every day of his life when you divide his total net worth by the number of days he's been on Earth, he says he dreads birthdays and the thought of growing older. Don't Miss: Until 2016 it  ( 33 min )

Wayne Griffiths has enjoyed tremendous success with his upstart brand, but the true test is whether he can sell Americans on Cupra.  ( 34 min )

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The company behind the most popular weight loss drugs this year has been catapulted to the most valuable company in Europe, toppling luxury brand parent company LVMH.  ( 33 min )

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(Bloomberg) -- Apple Inc. suffered its worst stock decline in a month following a report that Chinese government agencies have barred staff from using the iPhone and other foreign-branded devices at work.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei T  ( 32 min )

Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.  ( 18 min )

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Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 34 min )

Not long ago, data was being touted as the “new oil,” while in some quarters that epithet has been bestowed at times on copper, or even, fresh water. However, according to a statement made by Elon Musk, “lithium batteries are the new oil.” That is maybe not such a surprising take, given lithium forms a crucial part in the rechargeable battery tech required to power EVs. While Tesla sources its lithium from several producers of the element, it is planning to also have its lithium production done  ( 35 min )

Comcast is moving up the date for its sale of Hulu to Disney, the Comcast CEO said at the Goldman Sachs Communacopia and Tech Conference  ( 33 min )

Deutsche Bank analyst Emmanuel Rosner met with management at a conference connected to the Munich Auto Show.  ( 22 min )

Rates on 30-year mortgages jumped by more than an eighth of a percentage point, with rate averages for all but a couple loan types climbing by double-digit basis points.  ( 22 min )

The brewer has taken a huge financial hit from a boycott of Bud Light following a promotion with transgender influencer Dylan Mulvaney.  ( 32 min )

The company said it plans to use the proceeds “to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness,” and general corporate purposes.  ( 32 min )

Shares of AMC Entertainment traded sharply lower Wednesday morning after the company announced a plan to sell up to 40 million common shares. The stock was down 21% at $10.71. AMC said it plans to use the proceeds to bolster liquidity and repay debt, among other things. The announcement follows th  ( 22 min )

(Bloomberg) -- AMC Entertainment Holdings Inc. plans to sell shares less than three weeks after getting court approvals that opened the door for the movie theater operator to raise money to pay down its debt.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-t  ( 32 min )

(Bloomberg) -- Treasury yields climbed Wednesday — some to the highest levels in a week — as traders priced in higher odds of a Federal Reserve interest-rate increase this year after a gauge of service-sector activity was stronger than anticipated.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Brea  ( 30 min )

Workers who are assigned to an office will be required to be work out of that workplace three days a week.  ( 19 min )

Roku shares soared after the company revealed more cost-cutting initiatives, including layoffs, and boosted its Q3 revenue and adjusted EBITDA guidance.  ( 33 min )

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The entertainment giant plans to use potential net proceeds from the sale 'to bolster liquidity' and deal with its debt.  ( 22 min )

U.S. weapons maker Lockheed Martin on Wednesday cut its delivery outlook for its F-35 jets, and delayed deliveries of its updated Technology Refresh 3 (TR-3) jets. Lockheed said in a filing it expects to deliver 97 aircraft in the year, down from its prior outlook of between 100 and 120 jets. Bethesda, Maryland-based Lockheed added it expects to deliver its first TR-3 jet between April and June next year.  ( 31 min )

Constellation Brands upgraded, Block downgraded: Wall Street's top analyst calls  ( 34 min )

The move to acquire East Ohio Gas, Questar Gas, and Public Service Co of North Carolina will make Enbridge the largest gas utility by volume in North America, with the unit accounting for a bit less than a fourth of the company's overall business mix. Morningstar analysts called the deal a "defensive move". "Despite the size of the transaction, Enbridge is leaving its 5% annual EBITDA growth expectation over the medium term, which suggests to us that the earnings contribution is replacing weaker results on the liquids side of the business," Morningstar analyst Stephen Ellis wrote in a note.  ( 31 min )

It's clear that the third quarter is still going to be a bumper one, or even a record one, for the airline industry. But investors are worried about the months ahead and they now have another reason to be concerned.  ( 22 min )

I’m 49 years old and I’ve had a steady job for over 15 years now as a government contractor. I plan to retire at around 65. I have $500,000 in savings between my 401(k), IRA and individual savings accounts. I’m renting, I don’t have any debt and I have a small family of three. I’m […] The post Ask an Advisor: I’m 49 With $500k in Savings But ‘I’m Concerned’ About Retirement Income and Annuities Are ‘Too Expensive.’ What Are My Options? appeared first on SmartReads by SmartAsset.  ( 33 min )

Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. The streaming platform also said in a regulatory filing Wednesday that it expects adjusted third-quarter revenue of between $835 million and $875 million, which is much better than the $828.6 million that Wall Street was projecting, according to analysts polled by FactSet. The Silicon Valley company also expects impairment charge of $160 million to $200 million in its third quarter as it consolidates some offices.  ( 32 min )

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Will millions of tax filers and small business owners trust personalized advice from A.I.? CEO Sasan Goodarzi is betting the future of his company that they will.  ( 35 min )

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Stocks fell on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.  ( 32 min )

Stocks opened lower on Wednesday, as rising oil prices fueled concerns about inflation and faltering global demand.  ( 32 min )

Stocks looked set for another losing day on Wall Street on Wednesday, amid concerns about inflation and faltering growth.  ( 32 min )

The streaming platform also projected fiscal third-quarter results ahead of its prior guidance.  ( 25 min )

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The Bank of Russia will try to prop up the struggling rouble as Vladimir Putin’s regime desperately tries to counter Western sanctions.  ( 47 min )

↘️ Apple (AAPL): Shares edged lower premarket after The Wall Street Journal reported that China had ordered central-government officials not to use iP  ( 22 min )

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SoftBank might be the one to dislodge the IPO logjam with its Arm Holdings, a chip competitor to Nvidia.  ( 33 min )

Musk repaid the loan in November, and it's not clear why it was taken.  ( 22 min )

German automakers under heavy pressure from Chinese competition are speeding up their transition to electric vehicles, enabling partnerships with the likes of EV startup Xpeng, its CEO Brian Gu said in an interview on Wednesday. "It is perhaps the darkest moment for German automakers but I also feel their strongest determination ever to change at the IAA," Gu said on the sidelines of Munich's IAA car show. Chinese EV startups need to leverage German automakers' scale, branding and investments to lower costs and survive, said Gu.  ( 32 min )

Amazon could face an antitrust case which advocates breaking up the company, according to The Wall Street Journal. That might not be such a bad thing for shareholders.  ( 22 min )

(Bloomberg) -- An increasingly stretched global refining system means fuel-price volatility is set to become more common, according to top oil executives.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Grounding o  ( 31 min )

Investors were digesting a raft of tech and software company earnings ahead of the open Wednesday.  ( 23 min )

(Bloomberg) -- The greenback rose for a second day as a rally in oil reignited concerns over inflation, putting pressure on policymakers to keep rates high. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin  ( 34 min )

Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car.  ( 25 min )

(Bloomberg) -- A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China and Japan to step up defense of their beleaguered exchange rates. Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Re  ( 32 min )

The G7 and allies have shelved regular reviews of the Russian oil price cap scheme, people familiar with the matter told Reuters, even though most Russian crude is trading above the limit because of a rally in global crude prices. Russian producers have found ways to sell oil using fewer Western ships and insurance services, making it difficult for the West to enforce the existing price cap because the companies facilitating the trade are outside of their remit. The Group of Seven (G7) countries along with the European Union and Australia imposed the price cap mechanism on Russian oil last December, followed by a cap on fuel from February.  ( 33 min )

JPMorgan said "de-dollarization risk for Western economies mostly relates to inflation and their debt burden."  ( 32 min )

(Bloomberg) -- Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month low against the dollar overnight.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airlines Resumes US Flights After Temporary Groundin  ( 32 min )

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A financial roadmap for making the most of your cash while staying on track with your short and long term money goals.  ( 22 min )

After a shaky August for the markets, we have now entered the year’s final third and the bad news is that, going by the history books, September represents the market’s worst month of the year. The good news, however, is that according to Oppenheimer’s head of technical analysis, Ari Wald, any anticipated lull will be short-lived. “The key takeaway in our work is that, whether or not the advance is resuming imminently, it should only be a matter of time,” Wald recently said. “The Russell 2000’s  ( 35 min )

C&S, which has partnered with SoftBank Group for the transaction, could announce a deal as soon as this week to acquire most or all of the stores they are unloading for antitrust reasons, the report said, adding that it is unclear how many stores C&S will acquire or how much it is paying for them. Kroger, Albertsons, C&S and SoftBank did not immediately respond to Reuters' request for a comment.  ( 32 min )

Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 1 min )

U.S. equities were down for a second session at midday on Wednesday, Sept. 6, 2023 amid renewed concerns about Fed interest rate hikes.  ( 1 min )

U.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet.  ( 1 min )

The FTC is reportedly set to move forward with an antitrust lawsuit against Amazon and the European Union designated several tech giants as “gatekeepers” under its new digital markets law. Here’s what investors need to know today.  ( 1 min )

Het aantal Nederlandse uitwonende studenten is gedaald van 53 procent in 2015 naar 44 procent dit jaar. Dat is een gevolg van het groeiende tekort aan studentenwoningen en de invoering van het leenstelsel. En de situatie wordt mogelijk nog zorgwekkender.  ( 5 min )

Nederland is de grootste importeur van zonnepanelen ter wereld, waarbij 89 procent uit China komt. Ongeveer 60 procent van onze ingevoerde zonnepanelen wordt wel meteen weer doorgevoerd naar andere landen.  ( 4 min )

Zes grote techbedrijven zijn bestempeld als aanbieders van zúlke machtige diensten, dat consumenten er bijna niet omheen kunnen. Deze bedrijven moeten in de EU aan strengere regels voldoen, zodat ze op de juiste manier met hun verantwoordelijkheden omgaan.  ( 5 min )

Mannen met een Marokkaanse achternaam worden nog altijd gediscrimineerd als ze een huurhuis zoeken. Vrouwen, Poolse mannen en homoseksuelen lijken minder problemen te ondervinden.  ( 4 min )

Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.  ( 4 min )

Zorgmedewerkers die in de eerste maanden van de coronapandemie het postcovidsyndroom opliepen tijdens hun werk, kunnen vanaf 25 september een tegemoetkoming van 15.000 euro aanvragen. Vakbond FNV vindt dat bedrag veel te laag en stoort zich aan de strenge voorwaarden.  ( 4 min )

Zweedse criminele bendes misbruiken Spotify om geld wit te wassen, meldt Svenska Dagbladet dinsdag op basis van eigen onderzoek. Rappers verbonden aan criminele netwerken boeken op de streamingdienst zogenaamd grote successen met veel luisteraars.  ( 3 min )

Ons internet thuis wordt jaarlijks duurder, maar ook sneller. Ziggo kondigde maandag aan dat al zijn klanten in oktober hogere internetsnelheden krijgen. Maar hoe snel moet je internet eigenlijk zijn? Aan 200 megabit heb je volgens een expert meestal genoeg.  ( 3 min )

De Oekraïense economie is in de eerste zeven maanden van dit jaar een klein beetje gegroeid. De economie van het land laat sneller herstel zien van de oorlogsschade dan verwacht, meldt het Oekraïense ministerie van Economische Zaken.  ( 4 min )

Door een storing in de bussen van Arriva hebben reizigers woensdag niet kunnen in- en uitchecken met hun ov-chipkaart. De storing is in veel bussen opgelost. Alleen in Noord-Nederland en Limburg kunnen passagiers er nog mee te maken krijgen.  ( 3 min )

De Duitse industrie heeft in juli bijna 12 procent minder orders binnengekregen dan een maand eerder. Al langere tijd hebben industriële bedrijven het moeilijk in Duitsland, de grootste economie van Europa en de belangrijkste handelspartner van Nederland.  ( 3 min )

Door een storing in de bussen van Arriva kunnen reizigers woensdag niet in- en uitchecken met hun ov-chipkaart. De bussen van het ov-bedrijf rijden wel. Passagiers mogen gratis mee zolang de storing duurt.  ( 3 min )

Nieuwbouwwoningen worden steeds duurder ten opzichte van bestaande woningen. Ook staan de nieuwe woningen veel langer te koop, blijkt uit cijfers van brancheorganisatie WoningBouwersNL.  ( 3 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. T-Mobile Nederland heet voortaan Odido. Ook de merknaam Tele2 wordt vervangen door Odido. Op NUjij discussieerden lezers over of de naamsverandering invloed heeft op hun vertrouwen in het bedrijf. Vandaag is daarom de stelling: Bij een naamsverandering moet een bedrijf opnieuw mijn vertrouwen winnen. Breng je stem uit en discussieer mee.  ( 2 min )

The Affordable Care Act increases moral hazard by pushing consumers further away from the costs of care. Many argue that health insurance itself is a moral hazard.  ( 23 min )

Demographics can have a profound effect on the economy. An aging population coupled with a declining birth rate may point to a decline in economic growth.  ( 23 min )

Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying 5.50% or better.  ( 20 min )

The Consumer Price Index (CPI) measures inflation, but a comprehensive measurement includes the Producer Price Index (PPI) and the gross domestic product (GDP) deflator.  ( 22 min )

Apple (AAPL) shares fell 4% Wednesday on a report China banned its government officials from using the company's iPhones for work, as part of Beijing's effort to reduce its reliance on foreign technology and strengthen cybersecurity.  ( 18 min )

PBMs are third-party administrators and negotiators that are essential facilitators in transactions between all moving parts of the health care industry.  ( 22 min )

U.S. equities fell for a second straight session on Sept. 6, 2023, with the S&P 500 Index losing 0.7% amid investors' concerns the Federal Reserve isn't done with raising interest rates yet.  ( 16 min )

Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 18 min )

AMC shares plunged 36.8% to an all-time low on Wednesday after the movie theater chain operator announced it would sell up to 40 million shares of its Class A common stock.  ( 18 min )

The jump in instant transfer fees comes as Robinhood contends with declining active users and increased SEC scrutiny.  ( 16 min )

WeWork shares initially jumped after the company announced plans to renegotiate all of its leases and exit underperforming locations, but wary investors dragged the stock back into the red.  ( 18 min )

The Keynesian multiplier was introduced in the 1930s to show that government spending creates cycles of increased employment and prosperity.  ( 21 min )

There were 21 tax changes linked to the passage of the ACA in 2010. Three key taxes were repealed in 2019. Find out what the ACA tax situation is today.  ( 31 min )

The short-term rental service has revolutionized the lodging industry worldwide. But opinions differ on whether that's been entirely for the good.  ( 29 min )

Japan and China are taking steps to halt their currencies' recent declines against the strengthening U.S. dollar, but it's not clear their actions can overcome broader economic realities.  ( 19 min )

GDP per capitais a metric that breaks down a country's GDP per person and is calculated by dividing the GDP of a country by its population.  ( 25 min )

NextGen Healthcare Inc., an Atlanta, GA-based healthcare data provider, has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $1.6 billion.  ( 17 min )

Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 24 min )

Foreign institutional investors (FIIs) are typically large companies that invest in countries other than where their headquarters are located.  ( 24 min )

When buying permanent life insurance, what amount of premium should you pay for the coverage?  ( 24 min )

How can you determine the face value of a life insurance policy, and what circumstances can change this value for your heirs?  ( 26 min )

While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 23 min )

The volatility skew is the difference in implied volatility (IV) between out-of-the-money (OTM) options, at-the-money options (ATM), and in-the-money options (ITM).  ( 29 min )

Airlines could take a hit to their profitability in the coming months as fuel costs—one of their biggest expenses—surge, while domestic travel demand peaks.  ( 18 min )

Student loans can have an impact on your taxes, including reducing your tax bill if you've been paying interest. Here's what you need to know.  ( 22 min )

The top national rate for a high-yield savings account keeps rising, setting record after record. Another jump this week has pushed the top rate even further above 5%.  ( 19 min )

A passive investor typically buys index funds or other managed funds. An active investor is often a stock selector or someone who frequently buys and sells securities.  ( 23 min )

Inflation is still above the 2% target the Fed is looking to hit, and with economic growth still pressing demand higher, interest rates will need to remain high or even be raised again, Boston Fed President Collins said.  ( 18 min )

Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period.  ( 39 min )

Learn how one country's debt crisis can affect other nations, including how currency values, inflation, and output could be affected on a global scale.  ( 23 min )

The streaming company is tightening its belt, laying off workers and reducing operational expenses in order to maintain positive momentum.  ( 17 min )

Dominion Energy's sale of its three natural gas distribution companies to Canada-based pipeline operator Enbridge creates the largest natural gas utility in North America.  ( 17 min )

U.S. equities were down for a second session at midday on Wednesday, Sept. 6, 2023 amid renewed concerns about Fed interest rate hikes.  ( 16 min )

Your student loans are assigned to a servicer. Here's what you should know about working with your loan servicer's customer service department.  ( 23 min )

Shares of GitLab jumped after the tech firm posted a surprising quarterly profit on soaring sales of its information technology security platform.  ( 16 min )

Alphabet's Google tentatively settled a class action suit that accused it of overcharging customers through its Play Store in the U.S.  ( 17 min )

Despite the drop in 30-year fixed mortgage rates last week, weekly mortgage applications decreased by 2.9% to the lowest level since December 1996.  ( 17 min )

Jobless claims are a statistic reported weekly by the U.S. Department of Labor that counts people filing to receive unemployment insurance benefits.  ( 21 min )

Despite how high student loan debt has gotten in the U.S., billions of dollars in Pell Grants still went unclaimed by the high school class of 2022.  ( 22 min )

Rates on 30-year mortgages jumped by more than an eighth of a percentage point, with rate averages for all but a couple loan types climbing by double-digit basis points.  ( 20 min )

Learn how to start a business offering personal loans, including the pros and cons of starting this type of business.  ( 25 min )

Unemployment can vary wildly depending on where you live. Fortunately, the state unemployment rate at least makes it easy to find out.  ( 47 min )

Discover ten possible ways individual investors and businesses can potentially profit from an environment of rising interest rates.  ( 25 min )

The European Commission on Wednesday designated six tech giants as "gatekeepers" under its Digital Markets Act, one of its most comprehensive efforts yet to rein in big tech.  ( 19 min )

The iPhone maker has long relied on Arm's tech for its most popular products, with the current deal extending their partnership to 2040 and beyond.  ( 17 min )

Check out the current Bread Savings CD rates and see how they compare to the competition. Maximize your savings with flexible and secure CD investments at Bread.  ( 20 min )

A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.  ( 21 min )

If you don’t time your student loan payments carefully, you can easily get burned and end up giving your lender way more money.  ( 23 min )

The Bureau of Labor Statistics' employment report is a widely watched indicator of economic well-being that directly influences the market.  ( 26 min )

Subscribers are the biggest losers in Charter and Disney's contract dispute regarding cable TV fees—a fight that centers on a model they both hope to abandon.  ( 21 min )

Brazil is the eleventh biggest economy worldwide. Its services and industry sectors made up 58.9% and 20.7% of GDP in 2022. Annual GDP growth was 2.9%.  ( 23 min )

The FTC is reportedly set to move forward with an antitrust lawsuit against Amazon and the European Union designated several tech giants as “gatekeepers” under its new digital markets law. Here’s what investors need to know today.  ( 18 min )

Unemployment insurance is a benefit for workers who have lost their jobs and meet certain eligibility requirements.  ( 28 min )

Diversification is a portfolio theory rooted in the idea that anyone who puts all their money in one company or industry is flirting with disaster.  ( 24 min )

NextGen Healthcare Inc., an Atlanta, GA-based healthcare data provider, has agreed to be acquired by private equity firm Thoma Bravo in a deal valued at $1.6 billion.  ( 1 min )

Airlines could take a hit to their profitability in the coming months as fuel costs—one of their biggest expenses—surge, while domestic travel demand peaks.  ( 1 min )

Lockheed Martin warned it will deliver fewer F-35 jet fighters this year than expected, and that the first of its updated Technology Refresh (TR-3) jets won’t be ready until next year.  ( 1 min )

WeWork shares initially jumped after the company announced plans to renegotiate all of its leases and exit underperforming locations, but wary investors dragged the stock back into the red.  ( 1 min )

AMC shares plunged 36.8% to an all-time low on Wednesday after the movie theater chain operator announced it would sell up to 40 million shares of its Class A common stock.  ( 1 min )

Alphabet's Google tentatively settled a class action suit that accused it of overcharging customers through its Play Store in the U.S.  ( 1 min )

Subscribers are the biggest losers in Charter and Disney's contract dispute regarding cable TV fees—a fight that centers on a model they both hope to abandon.  ( 1 min )

The iPhone maker has long relied on Arm's tech for its most popular products, with the current deal extending their partnership to 2040 and beyond.  ( 1 min )

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Analyst Mike Mayo has an Outperform rating on shares and a $55 price target, implying 32% upside from recent trading levels.  ( 22 min )

The agency warns of fraud in the employee-retention tax-credit program.  ( 28 min )

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Canadian pipeline group to become largest natural gas distribution company in North America  ( 6 min )

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The sale comes as lawmakers and regulators across the U.S. debate the future of natural-gas use in everything from stoves to furnaces.  ( 26 min )

Apple has signed a new deal with Arm for chip technology that "extends beyond 2040," according to Arm's initial public offering documents filed on Tuesday. Arm unveiled pricing on Tuesday for what it hopes will be a $52 billion initial public offering, which would be the largest such deal in the U.S. this year. Arm owner SoftBank Group plans to offer 95.5 million American depository shares of the United Kingdom-based company for $47 to $51 apiece, Arm said in a filing.  ( 32 min )

(Bloomberg) -- Pipeline operator Enbridge Inc. agreed to buy three natural gas utilities from Dominion Energy Inc. for $9.4 billion. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyUnited Airlines Resumes US Flights After Temporary Grounding on Tech IssueBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapThe deal will create  ( 31 min )

Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.  ( 20 min )

(Bloomberg) -- Strive Asset Management, an anti-activism fund company co-founded by Republican presidential hopeful Vivek Ramaswamy, has crossed $1 billion in assets even as it comes under legal scrutiny.Most Read from BloombergChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsReturn-to-Office Is a $1.3 Trillion Problem Few Have Figured OutBillion-Dollar Corporate Bond Deals Hit Treasuries: Markets WrapUnited Airli  ( 32 min )

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Both sides of a dispute that has left nearly 15 million cable TV subscribers without ESPN or other networks affiliated with The Walt Disney Co. are directing customers to other services where they can watch television. The offers speak to the unusual nature of the business dispute between Disney and Charter Communications, and doesn't auger a quick resolution. Charter is telling its Spectrum TV customers about a special deal being offered by the Fubo live television streaming service to get two months at discounts of 25% or 30%, depending on the plan.  ( 32 min )

Stocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.  ( 32 min )

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(Bloomberg) -- The Federal Reserve has now offloaded about $1 trillion of its bond holdings since it began working down its bloated balance sheet last year, with no sign of the kinds of strains in financial markets that spooked policymakers the last time they oversaw such a program.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyReturn-t  ( 32 min )

Charles Schwab passed a milestone in its efforts to integrate its one-time rival.  ( 22 min )

China is planning a new $40 billion government-backed investment fund aimed at bolstering the country's semiconductor manufacturing industry that has been hit by U.S. export controls.  ( 33 min )

Lisa Su emphasized AMD is one of the few companies that offers a complete AI technology portfolio across chips and software.  ( 22 min )

If there's one thing cash investors love, it's high dividend yields that can juice up portfolio returns. Buying high-yielding dividend stocks often works well — until and unless the dividend gets cut or suspended. An unusually high dividend yield is sometimes called a "yield trap," meaning that while the yield is alluring, the declining share price is often a reflection of weak company fundamentals and declining earnings. Another event that perks investor interest is a stock split, as one can ow  ( 33 min )

Ford Pro CEO Ten Cannis explains the potential for software-defined vehicles. The auto maker's investors stand to benefit if he is right.  ( 23 min )

Lucid CEO Peter Rawlinson topped a survey of the most highly paid auto maker CEOs. Tesla CEO Elon Musk has an opinion about that.  ( 22 min )

(Bloomberg) -- Citigroup Inc.’s $41 share price reflects too much fear, and investors looking for a long-term opportunity should buy the stock, according to Wells Fargo & Co. analyst Mike Mayo. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaReturn-to-Office Is a $1.3 Trilli  ( 32 min )

The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. The National Highway Traffic Safety Administration on Tuesday said it has made an initial decision that the inflators made by ARC Automotive Inc., and under license by another company, are defective. In May the agency asked ARC to recall the inflators, which it says are responsible for at least seven injuries and two deaths in the U.S. and Canada since 2009.  ( 31 min )

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Musk earned an unprecedented $23 billion from Tesla two years ago after hitting performance targets.  ( 32 min )

The U.S. dollar has long held its position as the world's primary reserve currency. It's also considered a safe-haven currency because of America's robust economy and stable political system. But according to renowned global investor and economist Marc Faber, the greenback's dominance is now on shaky ground. "I think that the U.S. dollar will become over time — not tomorrow, but over time — a worthless currency," he said in a recent interview with Stansberry Research. Faber is highly critical of  ( 32 min )

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The father of a woman who died during last month's wildfires in Hawaii has sued the state and the county of Maui in a “first-of-its-kind” lawsuit accusing the governments of gross negligence leading to the blazes. Filed on Monday in Hawaii state court, the lawsuit is the first stemming from the wildfires to be lodged against the state. It also names the state's electric utility Hawaiian Electric, which is already facing several lawsuits, and a major landowner on the island, Bishop Estate, over the fires that razed the historic town of Lahaina in Maui.  ( 31 min )

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Apple, Intel and Nvidia are among the companies that plan to buy shares in the British chip maker's initial public offering.  ( 26 min )

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According to Moffett Nathanson managing director Eugene Simuni, the primary reason the company is partaking in the underwriting process is to offer its users direct access to the IPO.  ( 23 min )

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The two-year saga involving a proposed deal to take Donald Trump’s Truth Social platform public just got even longer. Shareholders voted to give the special-purpose acquisition company trying to take the former pre  ( 24 min )

How much does it cost to insure an electric car and is EV insurance more expensive than a traditional auto insurance policy?  ( 32 min )

One of the market's hottest sectors is having a sluggish start to back-to-school season. Major homebuilder stocks, which have benefitted this year from higher mortgage rates and slow sales of existing ho  ( 22 min )

British chip designer Arm is targeting a valuation of around $52 billion for its IPO, according to a filing on Tuesday.  ( 23 min )

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A common number that people generally seek to save is $1 million. It's a good start to long-term retirement and is a threshold that people view favorably as they seek to reach their financial goals. Saving $1 million is doable, … Continue reading → The post How to Save $1 Million Dollars in 10 Years appeared first on SmartAsset Blog.  ( 35 min )

(Bloomberg) -- Federal Reserve Governor Christopher Waller said policymakers can afford to “proceed carefully” with interest-rate increases given recent data showing inflation continuing to ease.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden Visa“There is nothing that is saying  ( 31 min )

Last month, the entertainment giant offered full-year guidance that assumed the strikes would resolve by early September. That hasn't happened yet.  ( 22 min )

Perceived wisdom goes that the way to outperform the market this year has been by leaning into the Magnificent Seven stocks (AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA). These market leaders – all tech giants – are seen as being responsible for the market’s rally, but hold that thought, says Ark Invest CEO Cathie Wood. These names don’t take up much room in Wood’s flagship Ark Innovation ETF, yet the fund, with its focus on bold, innovative stocks, still managed to beat the main indexes’ performa  ( 35 min )

Oil prices are pushing toward fresh 2023 highs, with WTI recently up 2% at $87.26 a barrel and global benchmark Brent up 1.6% at $90.46 following a report from the state-owned Saudi Press Agency that says Saudi Arabia will extend voluntary production cuts of 1 million barrels a day until the end of  ( 11 min )

Saudi Arabia said Tuesday it will extend its voluntary production cut of 1 million barrels of oil a day through the end of the year. The announcement, carried by the state-run Saudi Press Agency, comes as the kingdom has been unilaterally cutting its output to try and boost sluggish crude oil prices. The announcement said Saudi Arabia still will monitor the market and could take further action if necessary.  ( 31 min )

(Bloomberg) -- For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyChina Slowdown Means It May Never Overtake US Economy, Forecast ShowsOpenAI CEO Sam Altman First Person to Get Indonesian Golden VisaSo says Rob Arnot  ( 34 min )

Stocks slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.  ( 32 min )

The electric-vehicle company shipped 84,159 cars from its plant in Shanghai in August, up from 64,285 in July and 76,695 in August 2022.  ( 22 min )

Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.  ( 22 min )

These companies will fare well even if the Federal Reserve keeps interest rates high for a while.  ( 22 min )

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KeyBanc's Brandon Nispel says Disney investors might be disappointed when they see ESPN's financials broken out as a stand-alone unit.  ( 23 min )

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The lawsuit provides insightful claims into the Wall Street titan’s culture including allegations that comments such as “take that as your first punch in the face” were condoned.  ( 33 min )

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The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply.  ( 26 min )

SoftBank Group's Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.  ( 31 min )

Stock futures slipped on Tuesday, as traders weighed data showing China's economy is still struggling to recover.  ( 32 min )

María Barro, a 65-year-old domestic worker in Buenos Aires, buys a few dollars each month with her peso salary, a hedge against Argentina's persistent inflation now running at over 100% and a steady devaluation of the little-loved local peso. The peso currency is now in the crosshairs of the country's dark horse presidential front-runner, libertarian radical Javier Milei, who has pledged to eventually scrap the central bank and dollarize the economy, Latin America's third largest. Milei - facing a tight three-way battle with traditional political candidates on the right and left ahead of an Oct. 22 vote - says savers like Barro underscore why Argentina should shed the peso.  ( 35 min )

If cars like the BYD Seal are both premium and affordable, where does that leave the rest of the industry?  ( 34 min )

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Cryptocurrency prices have been languishing, failing to consistently hold gains in recent weeks. Analysts are eyeing weakness in the technicals.  ( 22 min )

Earnings are the most important driver of stock prices over the long run, and forecasts are on the rise.  ( 32 min )

Auto makers and chip stocks were among the big movers at the start of a shortened week following the Labor Day holiday.  ( 22 min )

The utilities sector has slumped 12% in 2023 and is by far the worst-performing group in the S&P 500.  ( 26 min )

The recent volatility in Treasury yields is expected to end and yields are likely to fall in the next six to twelve months, UBS said.  ( 24 min )

The new investments come despite market turbulence for clean-energy startups.  ( 23 min )

Dogecoin led the winners in the top 10, in anticipation of Tesla owner Elon Musk’s upcoming biography, which reportedly details his involvement in the memecoin’s development.  ( 32 min )

↗️ Blackstone (BX), Airbnb (ABNB): Shares in both companies rose premarket Tuesday after S&P Dow Jones Indices said late Friday that they would joi  ( 23 min )

(Bloomberg) -- US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe strategist’s warning contrasts with the rally on Wall  ( 32 min )

(Bloomberg) -- The outlook for oil prices and Chinese demand, the longevity of OPEC+ supply curbs, and rising flows of Iranian crude are among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which entered its second day in Singapore.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketWhy China Is Avoiding Us  ( 32 min )

The euro fell to a 12-week low against a broadly firmer dollar but Tuesday’s data calendar gives little hope for new direction for the single currency, DZ Bank Research said.  ( 24 min )

U.S. semiconductor company Qualcomm on Tuesday said it will supply chips to power in-car infotainment systems to luxury automakers Mercedes and BMW. Qualcomm is the leading supplier of the chips used in smartphones, a market that has slumped over the past year. But the company is also working with automakers to power various functions in vehicles, from infotainment systems to advanced driver assistance systems, and its automotive revenue grew 13% in its most recent quarter despite its smartphone outlook falling short of analyst estimates.  ( 32 min )

(Bloomberg) -- A gauge of the dollar is marching toward levels last seen in March as Treasury yields pushed higher and traders mulled the possibility US interest rates may stay higher for longer. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketThe Bloomberg Dollar Spot Index rose 0.4% on  ( 31 min )

(Bloomberg) -- The low-profile yet surprising release of a new phone by Huawei Technologies Co. last week has sparked a hunt for potential beneficiaries, on the bet it represents a jump forward in China’s domestic chipmaking.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadWhy China Is Avoiding Using ‘Bazooka’ to Spur EconomyDiamond Prices Are in Free Fall in One Key Corner of the MarketTraders and inve  ( 32 min )

The continued positive inflation and labor market data led to the cut, Goldman Sachs Chief Economist Jan Hatzius wrote in a note. The investment bank said it expected reacceleration in real disposable income next year on the back of continued solid job growth and rising real wages. U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged in its policy meeting this month.  ( 31 min )

Gold prices edged lower on Tuesday as the dollar stood firm near recent highs, although trading was fairly muted with markets looking for more cues on the U.S. Federal Reserve's policy path after a widely expected interest rate pause this month. "Much remains to be seen if rate cuts in 2024 follow and to what extent," said Harshal Barot, a senior consultant at Metals Focus, adding that the possibility of U.S. interest rates remaining higher for longer will keep gold price rallies in check. And if the U.S. economy indeed sees a soft landing, there is potential for more downside in gold as some of the aggressive rate cut expectations in the second half of next year will be pared back, Barot said.  ( 32 min )

Shares fell back Tuesday in Asia after U.S. markets were closed for the Labor Day holiday. Hong Kong fell more than 1% as Chinese property stocks declined as investors sold to lock in gains fueled by recent efforts to support the ailing industry. China Vanke lost 1.2%, while Country Garden Holdings gave up 2%.  ( 33 min )

Highly depressed markets have thrown up very attractive yields  ( 10 min )

(Bloomberg) -- OpenAI Chief Executive Officer Sam Altman is the first person to get an Indonesian golden visa as Southeast Asia’s largest economy seeks to draw foreign investors. Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapThe country’s immigration authority issued a 10-year  ( 31 min )

(Bloomberg) -- Alibaba Group Holding Ltd.’s cloud division is weighing a private round to raise funds from Chinese state-owned enterprises ahead of the business’s market debut in Hong Kong, people with knowledge of the matter said.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets Wrap  ( 33 min )

Country Garden made interest payments on US dollar bonds hours ahead of deadline, pulling China's largest private property developer from the brink of default for the second time in four days.  ( 33 min )

(Bloomberg) -- Oil traded near the highest level since mid-November after a surge driven by supply cuts from OPEC+ that have tightened the market.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapWest Texas Intermediate held above $85 a barrel in early Asian trading, 0.3% higher t  ( 31 min )

(Bloomberg) -- Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedFutures in Japan and Australia point  ( 34 min )

As Shanghai sweltered in a heatwave in June, the car factory where Mike Chen works switched production to night shifts and dialled down the air-conditioning. For Chen, toiling through the early hours in his sweat-soaked uniform, it was the latest slap in the face after cuts in bonuses and overtime slashed his monthly pay this year to little more than a third of what he earned when he was hired in 2016. Chen, 32, who works for a joint venture between China's state-owned car giant SAIC and Germany's Volkswagen, is far from alone.  ( 35 min )

U.S. equities fell, with the S&P 500 closing 0.4% lower on Sept. 5, 2023, as oil prices and interest rates rose.  ( 1 min )

U.S. equities declined at midday on Tuesday, Sept. 5, 2023 amid worries about higher oil prices and interest rates.  ( 1 min )

Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.  ( 1 min )

Airbnb and Blackstone will join the S&P 500 and Disney urges Spectrum cable customers to use Hulu to access channels as its broadcasting dispute continues. Here’s what investors need to know today.  ( 1 min )

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Illumina on Tuesday named Agilent Technologies' Jacob Thaysen its CEO after a proxy battle with activist investor Carl Icahn led former head Francis deSouza to resign.  ( 1 min )

Tesla was the best-performing stock in the S&P 500 after the electric vehicle maker boosted sales of vehicles made at its Shanghai plant last month on price cuts and increased production.  ( 1 min )

The Federal Aviation Authority (FAA) briefly issued a ground stop for all departing United Airlines aircrafts due to a "systemwide technology issue."  ( 1 min )

Novo Nordisk pulled ahead of LVMH to become Europe’s most valuable company by market capitalization as it launches its popular weight-loss drug, Wegovy, in the U.K.  ( 1 min )

U.K.-based Chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet, which could value the company at as much as $52 billion  ( 1 min )

Intercontinental Exchange completed its $11.9 billion purchase of real estate software, data, and analytics company Black Knight after federal regulators dropped their opposition to the deal.  ( 1 min )

From 1958-2017, Perkins loans provided low-interest loans to undergraduate and graduate students with exceptional financial needs.  ( 23 min )

Premium checking accounts give you free checking and other perks in return for keeping a certain balance in the bank. Is that the best use of your money?  ( 21 min )

A credit card authorized user is someone who has permission to use a credit card issued to another person. That can affect both their credit scores.  ( 23 min )

A card recovery bulletin is a list of lost, stolen, counterfeit, or delinquent credit cards issued to help merchants detect and avoid fraud. It has largely been replaced by newer methods.  ( 23 min )

Public outcry over rescuing banks with taxpayer money in 2008 forced a switch in governmental tactics, making bail-ins the new bank bailouts.  ( 23 min )

Monthly tracking report for credit card interest rates from Investopedia's database of more than 300 cards showed an increase of an eighth of a point in the overall median available rate. These are the current rates as of September 2023.  ( 24 min )

The increase in communications technology allows companies to complete in a global market.  ( 24 min )

Personal loan rates reversed course this week, dipping to 20.96%, losing 15 basis points since last week when the average personal loan rate sat at 21.11%.  ( 18 min )

Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. Almost 50 CDs are paying rates of 5.50% or more.  ( 19 min )

U.S. equities fell, with the S&P 500 closing 0.4% lower on Sept. 5, 2023, as oil prices and interest rates rose.  ( 18 min )

Discover’s savings account doesn’t usually have the highest APY, but it’s easily accessible with no minimum deposit or monthly fee.  ( 24 min )

The cost of gasoline is on the rise as crude oil prices have climbed steadily to 10-month highs, but any effort by the U.S. government to ease the burden on households could be less effective now than in the past.  ( 18 min )

Find out more about how CD early withdrawal penalties work, and how to determine when they may be worth overlooking.  ( 24 min )

A rights offering is a set of rights given to shareholders to purchase additional stock shares in proportion to their holdings.  ( 24 min )

Tesla was the best-performing stock in the S&P 500 after the electric vehicle maker boosted sales of vehicles made at its Shanghai plant last month on price cuts and increased production.  ( 17 min )

The vast majority of homeowners are now considering climate disaster risks when they buy a new house, but many are still willing to accept those risks.  ( 18 min )

Illumina on Tuesday named Agilent Technologies' Jacob Thaysen its CEO after a proxy battle with activist investor Carl Icahn led former head Francis deSouza to resign.  ( 17 min )

The student loan forgiveness program is dead, given the Supreme Court ruling against it. You may have other options for relief, including some brand-new ones.  ( 25 min )

Thinking of renting out your house or apartment on Airbnb? If so, make sure that you check your city's regulations first.  ( 26 min )

Is the U.S. economy at last headed for a long-predicted recession? As economists digest the latest data, some are stowing their tray tables for a “soft landing” from the past two years of high inflation, while others are bracing for a crash.  ( 18 min )

While not every borrower will qualify for any student loan forgiveness, there's typically no harm in applying, and it could benefit your overall financial health.  ( 27 min )

Airbnb (ABNB) and trillion-dollar asset manager Blackstone (BX) are the latest companies to be included in the S&P 500 Index, which could boost their shares in the coming weeks.  ( 18 min )

Knowing the current student loan interest rates and ranges for September 2023 can help you figure out how much it could cost to borrow money for a college education.  ( 25 min )

As borrowers with federally held student loans prepare to resume payments, 4.1 million have enrolled in a new kind of repayment that takes less out of their budget each month.  ( 17 min )

Exploring the effects of British mercantilism on its colonial economies, especially America.  ( 24 min )

The Federal Aviation Authority (FAA) briefly issued a ground stop for all departing United Airlines aircrafts due to a "systemwide technology issue."  ( 17 min )

Business cycle indicators are a composite of leading, lagging, and coincident indexes used to make economic forecasts.  ( 20 min )

A decacorn is a private company valued at more than $10 billion. They typically are young, high-growth firms with venture capital funding, often in the technology and healthcare sectors.  ( 22 min )

The cost of a good is inversely correlated to its quantity demanded according to the law of demand in microeconomic theory.  ( 19 min )

If you don’t want to spend a few decades paying off your student loans, you can take steps like paying while in school, activating autopay, and more to speed it up.  ( 24 min )

Refinancing can lower your student loan payments. But does it make sense for your financial situation?  ( 24 min )

Insurance companies have the right to require drug tests for health and life insurance policies, but it is relatively uncommon to be requested. If however, you fail one, expect to see a rise in premiums.  ( 21 min )

Typically, the federal government may reduce your annual Social Security income by an average of $2,500 if you fail to repay a student loan. However, there are scenarios where this won’t apply.  ( 24 min )

The equation of exchange is a model that shows the relationship between money supply, price level, and other elements of the economy.  ( 20 min )

Though the Olympic Games are the pinnacle of sport, they also hold the potential to wreak a high level of financial havoc on their host country.  ( 25 min )

M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is good for setting financial goals, while M1 Finance may be better for automated investing.  ( 28 min )

Warner Bros. Discovery shares gained as the entertainment giant raised its 2023 free cash flow guidance, but warned that Hollywood strikes would negatively impact its earnings.  ( 17 min )

U.S. equities declined at midday on Tuesday, Sept. 5, 2023 amid worries about higher oil prices and interest rates.  ( 16 min )

The Series 79 exam is a prerequisite for getting an entry-level job as an investment banking representative.  ( 25 min )

If you receive student loan forgiveness, your credit score may be positively impacted. While your debt is not erased, your debt-to-income ratio may go up, yielding a higher score.  ( 24 min )

Goizueta Business School is the business school located at Emory University in Atlanta, Georgia.  ( 19 min )

Intercontinental Exchange completed its $11.9 billion purchase of real estate software, data, and analytics company Black Knight after federal regulators dropped their opposition to the deal.  ( 17 min )

An exculpatory clause is a portion of a contract that relieves a party of liability if damages caused during the execution of the contract.  ( 18 min )

Averages for almost every mortgage type were flat or hovering, including rates on 30-year mortgages, which are holding just a bit above their three-week low.  ( 20 min )

Interest rate sensitivity is a measure of how much the price of a fixed-income asset will fluctuate as a result of changes in interest rates.  ( 19 min )

For those who have defaulted on their student loans, the good news is you have a few options to help you recover from it.  ( 24 min )

Saudi Arabia said Tuesday it will keep oil production cuts in place until December, putting more upward pressure on oil prices which are trading near 10-month highs.  ( 19 min )

U.K.-based Chip designer Arm is looking to raise up to $4.87 billion in the largest U.S. initial public offering (IPO) of the year yet, which could value the company at as much as $52 billion  ( 18 min )

The International Monetary Fund (IMF) is an important tool to help struggling countries, but it's not without its problems.  ( 26 min )

Each is different in their own way, but which system is better: the currency board or the central bank? Find out more about these systems in this article.  ( 20 min )

A golden hello is a signing bonus offered to a candidate from a rival company, specifically designed to entice employees of competing firms to leave.  ( 20 min )

It's been the summer of discontent for labor unions across industries, and the future of the way millions of people work and earn is in the balance. Suresh Naidu, Professor of Labor Economics at Columbia University, joins the show to explain the dynamics.  ( 19 min )

Deciding which student loans to pay off first can feel like a daunting task. Let’s look at the different types of student loans and how to decide which to pay off first.  ( 27 min )

As Robo-Advisors become more popular, it becomes more important to learn how to gauge between the different services on offer, from expenses, to fees, to minimum balances, etc.  ( 26 min )

A robo-advisor provides low-cost investment services over the internet. Is using a robo-advisor a good idea? We answer that here.  ( 27 min )

Robo-advisor tax-loss harvesting is the automated selling of securities in a portfolio to deliberately incur losses to offset any capital gains or taxable income.  ( 26 min )

Which type of brokerage account you choose depends on your needs and preferences. Find out the benefits of human, self-directed, and robo-advisors.  ( 29 min )

Novo Nordisk pulled ahead of LVMH to become Europe’s most valuable company by market capitalization as it launches its popular weight-loss drug, Wegovy, in the U.K.  ( 17 min )

Compare Wealthfront and Merrill Guided Investing to learn which of these top robo-advisors is the right one for your automated investing strategy and financial goals.  ( 26 min )

How to weigh all of your college loan choices, including federal subsidized and unsubsidized loans, parent PLUS loans, and private loans.  ( 25 min )

Market-linked CDs sound great on the surface but have a significant downside. Consider the whole picture before you invest.  ( 23 min )

The Fed raised rates to 5.25%–5.50% at its July meeting, resuming a its 11th hike after a temporary pause in June.  ( 26 min )

The infant-industry theory states that new industries in developing countries need protection against competitive pressures until they mature.  ( 18 min )

Find out what it takes to become a financial controller, starting with educational requirements and professional certification.  ( 19 min )

The minimum balance is the minimum amount that a customer must have in an account to get a service, such as keeping the account open.  ( 22 min )

Hong Kong is a financial and business center in China, known as a special administrative region (SAR).  ( 23 min )

Airbnb and Blackstone will join the S&P 500 and Disney urges Spectrum cable customers to use Hulu to access channels as its broadcasting dispute continues. Here’s what investors need to know today.  ( 18 min )

With a centuries-old history, BNY Mellon can still attract and retain its clients the old-fashioned way, while growing this company to gigantic proportions.  ( 24 min )

Compare Betterment and Merrill Guided Investing, two top robo-advisors that can assist you with automated investing and learn which one is right for your finances.  ( 28 min )

De Nederlandse economie zal in de rest van dit jaar nauwelijks nog groeien. Dat verwacht ABN AMRO, dat de prijsstijgingen en relatief beperkte handel met het buitenland als oorzaken ziet. Volgend jaar is er vermoedelijk wel een kleine groei.  ( 4 min )

Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.  ( 4 min )

Invasieve exoten veroorzaken jaarlijks wereldwijd bijna 400 miljard euro schade. Dat bleek maandag uit een VN-rapport. Wat is het probleem eigenlijk? En speelt dit ook in Nederland?  ( 5 min )

T-Mobile en Tele2 heten voortaan Odido (spreek uit: o-díé-do). Directeur Søren Abildgaard snapt wel dat mensen aan die naam moeten wennen. "Dat zullen mensen ook hebben gedacht toen Google net begon: wat een rare naam."  ( 5 min )

Alle zes de bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.  ( 4 min )

Het Kadaster neemt binnenkort maatregelen om de bescherming van adresgegevens te verbeteren. Vanaf medio oktober kunnen veel minder mensen op naam zoeken in het register, waarin informatie over het bezit van woningen en ander vastgoed staat.  ( 5 min )

Modeketen Shoeby zit in de problemen en probeert een faillissement te voorkomen. Het bedrijf kwam in moeilijkheden tijdens de coronacrisis en wil tot een akkoord komen met schuldeisers.  ( 3 min )

De prijs voor een vat Noordzeeolie steeg dinsdag voor het eerst in tien maanden tot boven de 90 dollar (84 euro). Dit kwam doordat Rusland bekendmaakte dat het zijn olieproductie langer beperkt. Saoedi-Arabië doet hetzelfde.  ( 4 min )

Zes bedrijven die op Schiphol de bagage van reizigers verwerken, hebben een dwangsom opgelegd gekregen. Ze zouden hun personeel te zwaar of onveilig werk laten doen. Dat meldt de Arbeidsinspectie dinsdag.  ( 4 min )

Het noodlijdende Big Bazar krijgt opnieuw extra tijd om een akkoord met schuldeisers te sluiten. De koopjesketen rekende zelf op een naderend bankroet na een gerechtelijke uitspraak op maandag. Een dag later wist de ondernemingsraad een faillissement voorlopig af te wenden.  ( 4 min )

T-Mobile Nederland heet voortaan Odido (spreek uit: o-díé-do). Het telecombedrijf gaat verder als onafhankelijk Nederlands merk en maakt van onbeperkt bellen en internetten de standaard. Ook de merknaam Tele2 wordt vervangen door Odido.  ( 5 min )

Filmpjesapp TikTok slaat de data van Europese gebruikers voortaan op in een nieuw datacenter in het Ierse Dublin. Het socialenetwerkbedrijf zegt daarmee aan de Europese privacyregels te voldoen.  ( 3 min )

De Duitse regering steekt de komende vijf jaar ruim 1 miljard euro in onderzoek naar kernfusie. "Fusie is een enorme kans om al onze energieproblemen op te lossen", zegt de Duitse minister van Onderwijs en Onderzoek Bettina Stark-Watzinger.  ( 3 min )

Mensen die langer dan drie maanden een mobiel abonnement bij KPN of Vodafone hebben, krijgen op 1 oktober een flinke prijsverhoging voor de kiezen. Vodafone verhoogt zijn tarieven met 10 procent en KPN met maximaal 2,50 euro per maand.  ( 4 min )

Veel Nederlanders met een huurhuis zouden liever kopen. Tegelijkertijd zijn er huizenbezitters die juist graag willen huren. Volgens economen van De Nederlandsche Bank (DNB) is er bij 1,8 miljoen huishoudens sprake van een mismatch.  ( 4 min )

Binnenkort kom je misschien geen plantaardige 'biefstuk' of 'spareribs' meer tegen in de Franse supermarkt. De Franse regering wil het gebruik van dierlijke namen voor plantaardige alternatieven aan banden leggen.  ( 3 min )

Steeds meer jonge werkenden hebben last van burn-outklachten. Bij jonge mannen heeft bijna een kwart (23 procent) te maken met dit soort klachten, bij vrouwen is dat zelfs bijna een op de drie (29 procent). Dat blijkt uit cijfers van kennisinstituut TNO en statistiekbureau CBS.  ( 5 min )

We live in a digital world, powered by a digital economy, and that means that in the long term, we should look to the tech sector for strong stock results. Specifically, we need to be cognizant of AI. AI stocks have been in the public market for several years now, as the technology has made inroads into various niches – interactive chatbots, of course, but also autonomous vehicles, robotics, warehousing… even online content writing. There’s no doubt that AI is here to stay, and there’s no doubt  ( 34 min )

Charlie Munger, Warren Buffett's right-hand man, spent $1,000 on oil royalties in 1962. He now receives 70 times that amount from them each year.  ( 31 min )

Warren Buffett oversaw a nearly 3,800,000% rise in Berkshire Hathaway stock between 1965 and 2022, crushing the S&P 500's 25,000% gain in that period.  ( 32 min )

(Bloomberg) -- In the emerging post-pandemic era, most aspects of life have returned to normal. Moviegoers are flocking to cinemas, vacationers jammed airports for summer travel and kids are returning to classrooms.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketBurning Man Festival Death Probed as Driving Ban Is LiftedThe one thing that ha  ( 38 min )

What might seem to be farfetched tax mitigation tactics are perfectly legal, lawyers and bankers to the wealthy tell Insider.  ( 33 min )

The adoption of EVs has had little impact on oil demand since 2010, but faster adoption may lead to peak oil demand later this decade  ( 35 min )

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A more than $36 million verdict was issued against Werner over its failure to hire a deaf driver back in 2018 The post Werner hit with more than $36 million jury award in its failure to hire deaf driver applicant appeared first on FreightWaves.  ( 34 min )

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Coming up this week: PMI surveys, the Fed's Beige Book, and an inflation reading from China  ( 19 min )

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(Bloomberg) -- Investors in sovereign bonds are mispricing a growing risk that has the potential to trigger downgrades, according to a study by analysts at Barclays Plc.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupThe risk in question is the failure of countries to adequately  ( 33 min )

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Long-term care in residential facilities like nursing homes is a financial challenge for many. When dealing with a loved one who is disabled, elderly or ill, families often try every other kind of long-term care facility first. Because nursing homes … Continue reading → The post Nursing Home Costs: How You Can Cover Them appeared first on SmartAsset Blog.  ( 34 min )

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There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 32 min )

In this year's second-quarter earnings, Warren Buffett's Berkshire Hathaway Inc. revealed it had divested $8 billion in stocks. Immediately, financial news reporters with their fingers on the market's pulse began wondering what was up. Was this a hedge against an impending recession or possibly the precursor to a market nosedive? Steve Hanke, a prominent economist and academic at Johns Hopkins University in Baltimore, weighed in on the financial maneuver to Business Insider. He pointed out that  ( 33 min )

The US dollar has rallied slightly against the Japanese yen during the trading session on Monday, but keep in mind it was Labor Day and the US.  ( 32 min )

British chip designer Arm is eyeing a valuation between $50 billion and $55 billion for its IPO on the Nasdaq, according to The Wall Street Journal, citing people familiar with the matter.  ( 23 min )

“The vision is to create a national banking network. They’re going to have to buy fill-ins."  ( 23 min )

A net zero ban on petrol and diesel cars means European car makers risk being wiped out by cheaper Chinese competition, the chief of BMW has warned.  ( 31 min )

Mercedes-Benz does not expect its sales in Europe to be all-electric by 2030 but will have its line-up ready, Chief Executive Ola Kaellenius said in an interview at the Munich car show. Europe's EV market had grown significantly in recent years but likely wouldn't be ready for all-electric sales by 2030, Kaellenius said on the sidelines of the Munich show. "It's not going to be 100% in 2030, obviously... from the whole European market, but probably from the Mercedes side as well," he said.  ( 30 min )

This month is historically difficult for stocks. Investors will be hoping the momentum of several big companies can continue.  ( 23 min )

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Brazilian state-run oil company Petrobras said on Monday it has decided to halt some key asset sales after concluding a broad revision of divestment processes, which were launched during the country's previous administration. The oil giant said in a securities filing it will no longer sell the onshore Urucu and Bahia-Terra clusters, as well as the Manati oilfield and Petrobras Operaciones, its subsidiary in Argentina. The divestment processes had been kicked off by Petrobras' previous management under former President Jair Bolsonaro, as the company sought to sell non-core assets to focus on deepwater oil exploration and reduce its debt.  ( 32 min )

Tharman Shanmugaratnam, who has previously called crypto "purely speculative" and "slightly crazy," was officially elected as Singapore's president early Saturday morning.  ( 31 min )

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Target, Walmart, Kohl's, Lowe's, and Home Depot are among the retailers open and looking to bolster business this Labor Day weekend.  ( 35 min )

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BYD and XPeng are showing off new electric vehicles for the European market at the IAA Mobility event in Germany. Tesla is also appearing for the first time in ten years.  ( 22 min )

Chinese electric vehicle maker Xpeng plans to expand into more European markets, including Germany, Britain and France in 2024, president Brian Gu told reporters on Monday at the IAA Mobility motor show in Munich. China's EV makers are seeking to expand in the region, aiming for higher margins and faster growth in overseas markets and challenging European companies on their home turf with cheaper models. While their EV sales picked up rapidly in South East Asia and South America, the European market has remained difficult for Chinese auto brands.  ( 31 min )

Treasury 10-year yields have risen again lately, but why it may not last.  ( 22 min )

The large e-commerce companies have become sensitive to macroeconomic developments in recent weeks, given their reliance on the health of the consumer.  ( 22 min )

The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said.  ( 32 min )

Bitcoin and Ether have struggled to gain traction since the Securities and Exchange Commission (SEC) postponed its decision on seven Bitcoin ETF proposals.  ( 32 min )

Thousands of individuals are referring neighbors and local businesses to a firm that has pursued billions in IRS refunds and created a bonanza for itself.  ( 26 min )

The healthcare giant’s separation of its consumer-health business arms it with billions in cash for allocating capital in the remaining businesses.  ( 26 min )

Global stocks climbed Monday, driven by a Chinese rebound as authorities eased mortgage rules to boost the country’s ailing property sector.  ( 22 min )

(Bloomberg) -- US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase & Co.Most Read from BloombergMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupHuawei Teardown Shows Chip Breakthrough in Blow to US Sanctions“There is complacency in sentiment evident, VIX is near record low and positioning has increased” to above-average l  ( 31 min )

Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on the broader U.S. financial sector, according to a Goldman Sachs note, just as bank stock prices began to rise. U.S. financial services companies including banks, trading firms and those working in capital markets were among the most sought-after stocks in the week ended Sept. 1, according to the note by Goldman's prime brokerage desk, which serves hedge funds. The ratio of long trades compared with short positions on U.S. regional banks has risen by 26% since a year low in mid-July 2023, when traders were mostly short the sector, the bank said.  ( 31 min )

U.S. automaker Tesla sold 84,159 China-made electric vehicles (EVs) in August, a 9.3% rise from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Sales of China-made Model 3 and Model Y cars rose 30.9% from a month earlier. Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, recorded deliveries of 274,086 passenger vehicles in August, a jump of 57.5% year-on-year.  ( 31 min )

Kamat's exit follows a recent executive exodus from Binance that includes Chief Strategy Officer Patrick Hillmann and General Counsel Hon Ng. The cryptocurrency exchange has lately been under heavy regulatory scrutiny in the United States, with regulators aggressively clamping down on what they deem are illegal activities.  ( 30 min )

(Bloomberg) -- The outlook for oil prices, crude demand in top importer China, and the longevity of OPEC+ supply cuts are set to be among the key topics at Asia’s biggest gathering of the industry’s traders and executives, which kicked off in Singapore on Monday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing  ( 31 min )

(Bloomberg) -- Turkish inflation accelerated to the fastest this year, underscoring the central bank’s challenge as it raises interest rates to try to end a cost-of-living crisis.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedWith food and energy costs on the rise, the pace of ann  ( 31 min )

The euro has had a tough time against the dollar since mid-July, depreciating by 4.5% over that period, due to a diverging economic performance between the eurozone and the U.S., DZ Bank Research said.  ( 24 min )

Bosch, the world's top automotive supplier, expects sales at its mobility business division to grow by 10% this year, the group said at the IAA Munich car show, adding the group's prospects remained positive despite a challenging environment. In the mobility sector - the group's biggest division, making sophisticated safety systems as well as autonomous car components - sales are expected to grow by a "solid 10% in 2023" after adjusting for exchange-rate effects. In 2022, the unit's exchange rate-adjusted sales grew 12.1% to 52.6 billion euros ($56.7 billion), accounting for 60% of Bosch's total revenues.  ( 30 min )

European car manufacturers are being forced into a price war with Chinese companies as the EU pushes ahead with plans to ban combustion engines, the boss of BMW has warned.  ( 30 min )

European carmakers must prove their ability to compete with new Asian players in the electric age on everything from product and financial strategy to controlling the supply chain, industry analysts and executives said at Munich's IAA mobility show. About 41% of exhibitors at this year's event are headquartered in Asia, with the number of Chinese companies having more than doubled, including players across batteries and EV production such as BYD, CATL and XPeng. "Europe needs to stop being naive from a macroeconomic point of view in the face of China," Gilles Le Borgne, Renault's engineering head, told journalists on Sunday, pointing to the country's control of the full battery supply chain.  ( 32 min )

Asian stocks have extended last week's rally, led by China shares, amid talk that all of Beijing's small policy steps might actually add up to real stimulus at some stage. Japanese shares have also been doing well, with the Topix marking a 33-year high in the wake of data showing recurring profits at Japanese companies hit a record in the second quarter. Companies are holding an astonishing 555 trillion yen ($3.80 trillion) of earnings in reserve, which is more than the entire 447 trillion market capitalisation of the Topix.  ( 32 min )

(Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank  ( 32 min )

(Bloomberg) -- A dose of reality is tempering the outlook for Arm Ltd.’s public listing as the chip designer kicks off its roadshow this week, lowering expectations of both the valuation and the amount to be raised.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipZelenskiy Says He’s Removing Ukraine Defense Chief in RevampBurning Man Festival Death Probed With Thousands Still StrandedThe SoftBank  ( 32 min )

Gold prices climbed on Monday towards a one-month peak scaled in the previous session, supported by a slight pullback in the dollar and prospects that the U.S. Federal Reserve would take a pause from interest rate hikes this year. Spot gold gained 0.3% to $1,944.91 per ounce by 0518 GMT, after climbing to as high as $1,952.79 on Friday. Data on Friday showed U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, strengthening the case of an interest rate pause this month that weighed on the dollar.  ( 32 min )

Labor Day became an official federal holiday in 1894.  ( 22 min )

Stocks were higher in Asia on Monday after Wall Street was boosted by a report that signaled the US jobs market, while still healthy, is showing some signs of cooling. “It appears that global markets are primed to be smitten with the idea of a ‘Nirvana’ Fed tightening outcome, entailing the ‘immaculate dis-inflation’ that does not cause employment pain,” Tan Boon Heng of Mizuho Bank said in a commentary.  ( 33 min )

(Bloomberg) -- Oil extended its rally to hit the highest level since November on expectations that supply cuts by OPEC+ leaders will tighten the market.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneWest Texas In  ( 30 min )

The deal would be one of the largest in the lithium-mining industry.  ( 26 min )

(Bloomberg) -- Asian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted G  ( 32 min )

Shares of Chinese property developers rose sharply, as more major cities said over the weekend that they would ease mortgage policies in a bid to shore up the real-estate sector.  ( 25 min )

(Bloomberg) -- Chinese stocks listed in Hong Kong advanced on Monday after the nation rolled out further property support measures including lower down payments for homebuyers and looser mortgage rules at major cities. Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,0  ( 31 min )

Oil rose in early Asian trade amid easing investor concerns over higher supply.  ( 24 min )

Bitcoin edged up on Monday morning in Asia but remained below US$26,000. Ether also stayed range-bound at around US$1,650.  ( 32 min )

Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.  ( 32 min )

Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producers. Brent crude was up 17 cents, or 0.2%, at $88.72 a barrel at 0015 GMT. On the demand side, China's manufacturing activity unexpectedly expanded in August, data from Caixin's manufacturing PMI survey indicated, leading to renewed optimism about the economic health of the world's largest oil importer.  ( 32 min )

Asian shares inched higher on Monday as markets wagered the Federal Reserve was done raising U.S. interest rates, and on hopes the drip feed of policy stimulus from Beijing would be enough to stabilise the Chinese economy. More policy action is also expected from Beijing, including relaxing restrictions on home buying. MSCI's broadest index of Asia-Pacific shares outside Japan inched up another 0.1%, having bounced 2.3% last week.  ( 32 min )

(Bloomberg) -- This year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedZelenskiy Says He’s Removing Ukraine Defense Chief in RevampTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted Gone  ( 34 min )

Today's best CD rates are 6.00% from American 1 Credit Union, 5.85% from One America Bank, and 5.80% from Finworth. More than 40 CDs are paying rates of 5.50% or more  ( 21 min )

Lehman Brothers developed the Lehman formula to determine the commission an investment bank should receive for arranging client transactions. ​​​​  ( 26 min )

Endogenous growth theory maintains that economic growth is primarily the result of endogenous and not external forces.  ( 18 min )

The Troubled Asset Relief Program (TARP) created and run by the U.S. Treasury following the 2008 financial crisis and was designed to stabilize the financial system.  ( 21 min )

A private good is one that benefits only the one consuming it, at the exclusion of all others.  ( 18 min )

A deficit occurs when expenses exceed revenues, imports exceed exports, or liabilities exceed assets. Federal budget deficits add to the national debt.  ( 22 min )

The time preference theory of interest explains interest rates in terms of people's preference to spend in the present over the future.  ( 19 min )

As a measure of inflation, this index can help you make key financial decisions.  ( 20 min )

Emigration is the relocation of people from one country to reside in another. Discover more about Emigration here.  ( 19 min )

High-profile strikes in Hollywood and the threat of one in Detroit have earned this season the name the "summer of strikes," but the abundance of work disruptions may be a reflection of a sustained uptick in strikes in recent years rather than a unique hot period for union action.  ( 19 min )

Deflation is a decrease in general price levels, while disinflation is what happens when price inflation slows down temporarily.  ( 19 min )

Find out why Brazil and India, two of the largest and most important emerging market economies, appear to be headed in very different directions.  ( 23 min )

Bullet dodging is a shady employee stock option granting practice, in which grants are delayed until after bad news about the company has been made public.  ( 19 min )

A guaranteed investment certificate is a deposit investment security that Canadian banks and trust companies sell.  ( 19 min )

Women are expected to live longer than men and can accrue higher medical costs over that lifespan. Yet, their health savings account balances on average lag men's by 15%, a new study found.  ( 18 min )

Find out what equity research analysts do on a day-to-day basis, and learn more about the typical career progression for these securities professionals.  ( 21 min )

The participation rate and unemployment rate are both used to gauge the health of the job market but in completely different ways.  ( 23 min )

A wholesale price index (WPI) is an inflation indicator that measures change in the overall price level of goods before they are sold at retail.  ( 18 min )

According to some pundits, the unemployment rate can be too low. Read on to find out why they think so.  ( 21 min )

Find out how the U.S. Treasury and Federal Reserve create and implement policies to manage the economy and keep it stable.  ( 24 min )

Many argue that ending the embargo on Cuba will not only make U.S. consumers happy, but also help Cuba's economy and bring greater freedom to the country.  ( 24 min )

Bloomberg is synonymous with investment information. Its media outlet and software/hardware are used by most, if not all, professional money managers.  ( 23 min )

Classified Insurance is coverage provided to a policyholder that is considered more risky and thus less desirable to the insurer.  ( 19 min )

Cleared funds are the money available in an account that can be used immediately since it has completely transferred to the user's account.  ( 20 min )

Valued Policy Law (VPL) is a statute that requires insurance companies to pay the full value of a policy to the insured in the event of a total loss.  ( 19 min )

Blanket insurance covers many types of property in one place, the same type of property in many places, or numerous properties in multiple places.  ( 18 min )

Contributory value is the value contributed by a component or part to the total value of the whole.  ( 18 min )

Actual total loss is a loss that occurs when an insured property is totally destroyed, lost or damaged to such an extent that it cannot be recovered.  ( 23 min )

Personal injury protection (PIP) is a feature of auto insurance that covers medical expenses related to a car accident. It’s also known as “no-fault insurance.”  ( 22 min )

Tax cuts, deregulation, and fiscal austerity aren’t necessarily a recipe for economic growth. Here’s why some economists disagree.  ( 24 min )

A participating policy is insurance that pays dividends to policyholders. Dividends come from the profits of the insurance company that sold the policy.  ( 22 min )

Forget the doomsday scenarios. The insurance industry is doing just fine, despite all attempts to derail the health care reform law.  ( 22 min )

Brinkmanship is a negotiating technique where one party aggressively pursues a set of terms so that the other party must either agree or disengage.  ( 22 min )

Het aantal modewinkels in ons land is sinds de coronacrisis met 10 procent gedaald. De hardste klappen zijn gevallen bij schoenenwinkels, damesmode en kinderkleding.  ( 3 min )

Veel zorginstellingen hebben het financieel moeilijk en komen in de rode cijfers terecht. Onder meer de jeugdzorg en de gehandicaptenzorg zitten vaak in geldnood. Maandag bleek al dat er ook veel problemen zijn in de ouderenzorg.  ( 3 min )

Leiders van 54 Afrikaanse landen komen deze week voor een driedaagse klimaattop bijeen in Kenia. De top moet hun gezamenlijke stem versterken in aanloop naar de VN-klimaattop in november. Die stem verandert wel: Afrika ziet tegenwoordig óók kansen.  ( 5 min )

Frankrijk wil net als in Duitsland een ov-kaart voor een vast bedrag per maand invoeren. Daarmee kunnen reizigers maandelijks onbeperkt gebruikmaken van bijvoorbeeld regionale treinen. Dat bevestigde de Franse president Emmanuel Macron maandag.  ( 4 min )

Van de overheid geld krijgen voor bijvoorbeeld de aanschaf van een elektrische auto. Zo kennen we de term 'subsidie'. Dat ligt bij fossiele subsidies net even anders. Dit is het verschil.  ( 2 min )

Studenten die langer over hun studie doen, komen toch in aanmerking voor een eenmalige energietoeslag als hun ouders een laag inkomen hebben. Dat meldt demissionair minister Carola Schouten van Armoedebeleid maandag.  ( 4 min )

Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat op 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.  ( 4 min )

Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.  ( 4 min )

Het aantal huishoudens met een huurachterstand bij een woningcorporatie groeide met bijna 4 procent in 2022 ten opzichte van een jaar eerder. Ook klopten meer huurders bij de corporaties aan voor een betalingsregeling.  ( 3 min )

Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daardoor is de kans groot dat de koopjesketen dinsdagochtend failliet wordt verklaard, zegt Oscar van Oorschot, de advocaat van Big Bazar.  ( 4 min )

Het loket voor het STAP-budget, een potje van de overheid voor studiekosten, gaat 18 september voor de vierde keer open. Om misbruik te voorkomen kan de subsidie van 1.000 euro alleen voor erkende opleidingen worden aangevraagd.  ( 3 min )

De Turkse president Recep Tayyip Erdogan zegt vertrouwen te hebben in een snelle herstart van de graandeal. Hij sprak maandag met de Russische president Vladimir Poetin, die het akkoord in juli liet klappen.  ( 4 min )

Big Bazar krijgt van de rechter niet de tijd om met schuldeisers tot een akkoord te komen. Daarmee is een faillissement van de koopjesketen dichterbij.  ( 3 min )

Twee voetgangers kwamen zaterdagavond om het leven vanwege een aanrijding door een bestelbus. De bestuurder reed na het ongeluk door. Op ons reactieplatform NUjij vroegen lezers zich af: wat zijn de regels als je doorrijdt na een ongeval?  ( 3 min )

Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, vaart niet meer naar het Noorse Kristiansand. De rederij is maandag failliet verklaard door de rechtbank.  ( 3 min )

Voor mensen met een gat in hun hand, voor wie de maand altijd net te lang duurt en voor diegenen die door de duurdere boodschappen moeilijker rondkomen: voor hen vroeg NU.nl aan twee experts hoe je toch een spaarpotje kunt opbouwen.  ( 5 min )

Internetprovider Ziggo verhoogt op 2 oktober de internetsnelheden van alle abonnementen. Bij de drie kleinste abonnementen verdubbelt de downloadsnelheid. De duurste abonnementen krijgen een hogere uploadsnelheid.  ( 3 min )

De prijzen in Turkije waren vorige maand gemiddeld 59 procent hoger dan een jaar eerder. Dat is een groter verschil dan de 48 procent in juli.  ( 4 min )

Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten. Daarbij wisselen de stroomtarieven per uur en geldt voor gas dagelijks een andere prijs. Eneco is de eerste van de grote energiemaatschappijen die zo'n contract aanbiedt.  ( 3 min )

Steeds meer instellingen voor ouderenzorg zitten in financiële moeilijkheden. Als er niets verandert, zijn faillissementen volgens accountantskantoor BDO onvermijdelijk.  ( 4 min )

Klanten van Eneco kunnen binnenkort dynamische contracten afsluiten, waarbij de stroomtarieven per uur wisselen en voor gas dagelijks een andere prijs geldt. Eneco is de eerste van de grote energiemaatschappijen die zo’n contract aanbiedt.  ( 3 min )

Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.  ( 4 min )

De Nederlandse overheid loopt nog meer geld mis door fossiele subsidies dan tot nu toe werd gedacht. Dat stellen drie grote milieuorganisaties na onderzoek in samenwerking met de TU Eindhoven. In totaal gaat het om 37,5 miljard euro per jaar.  ( 4 min )

Kun jij een maand zonder Google? Die kans is erg klein. Het techbedrijf is overal aanwezig met zijn producten en diensten. Dat is bijzonder, want het bedrijf viert maandag 'pas' zijn 25e verjaardag.  ( 4 min )

Bedrijven kunnen nu al moeilijk aan personeel komen, maar uitkeringsinstantie UWV verwacht dat vergrijzing dit de komende jaren nog verergert. Vooral na 2025 zijn er structureel te weinig mensen beschikbaar. Digitalisering, arbeidsmigranten en werken na het pensioen kunnen dit oplossen.  ( 5 min )

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(Bloomberg) -- Albemarle Corp. sweetened its takeover offer for Liontown Resources Ltd. to $4.3 billion as the world’s top lithium producer stepped up efforts to expand its footprint in hard rock-based assets.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. I  ( 31 min )

Country Garden's deal with creditors for an extension on onshore debt payments worth 3.9 billion yuan ($537 million) has brought the developer and China's crisis-ridden property sector some much-needed respite. But while investors in the company and China economy-watchers alike may be heaving sighs of relief, it remains to be seen whether a raft of government stimulus measures will soon help revive demand and ease the sector's cash squeeze. The financial woes of China's top private developer have only further highlighted the fragile state of the country's real estate industry which accounts for roughly a quarter of the economy and has been in dire debt straits since 2021.  ( 32 min )

Australia's Liontown Resources said on Monday it recommended a revised takeover offer from U.S.-based Albemarle Corp valuing the company at A$6.6 billion ($4.26 billion). The new offer price is A$3 per share, higher than A$2.5 the company received in March. ($1 = 1.5504 Australian dollars)  ( 31 min )

The demands that a more combative United Auto Workers union has pressed on General Motors, Stellantis and Ford — demands that even the UAW's own president calls “audacious” — are edging it closer to a strike when its contract ends Sept. 14. The automakers, which are making billions in profits, have dismissed the UAW's wish list.  ( 36 min )

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Beijing has pushed renminbi as alternative global currency to dollar  ( 8 min )

First, let’s start with Autopilot, Tesla’s advanced driver assistance system (ADAS). As part of an ongoing investigation into the ADAS after a series of Teslas crashed into emergency vehicles,  the National Highway Traffic Safety Administration (NHTSA) is requesting more info from the automaker. The NHTSA said this could “lead to greater driver inattention and failure of the driver to properly supervise Autopilot.”  ( 35 min )

Stock and bond markets will be closed Monday for Labor Day. Then, earnings reports from Zscaler, Gitlab, and Kroger. Plus, Services PMI data, the Fed's Beige Book, and more.  ( 22 min )

Homeowners are facing a “cost of owning crisis” as rapidly falling house prices push tens of thousands into negative equity.  ( 31 min )

Disney wants to narrow the scope of its federal lawsuit against Gov. Ron DeSantis to just a free speech claim that the Florida governor retaliated against the company because of its public opposition to a state law banning classroom lessons on sexual orientation and gender identity in early grades. Disney on Friday asked a federal judge for permission to file an amended complaint focusing just on the First Amendment claim and leaving to another, state-court lawsuit questions about the legality of agreements the company signed with Disney World's governing district, then-made up of Disney supporters. The agreements were signed before DeSantis and the GOP-controlled Florida Legislature took over the governmental body in the spring.  ( 32 min )

For stocks, September is historically one of the worst months on record, followed by an equally rough October. This year, the crosscurrents are a little different for investors.  ( 32 min )

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Toll Brothers (TOL) shares have jumped 68% in 2023. This uptrend is being powered by mega demand for the stock.  ( 32 min )

Lattice Semiconductor Corp. (LSCC) shares have jumped 50% in 2023. This uptrend is being powered by mega demand for the stock.  ( 32 min )

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The U.S. regains its lead in global natural gas production, setting a new record high in 2022, even as consumption grows and exports increase.  ( 33 min )

A new study suggests that “investors overvalue the pleasure” of tax-exemption.  ( 27 min )

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After beginning the year at record levels, global events have caused market volatility to jump and equities to fall. The S&P 500 Index is experiencing its first major correction since 2020, so investors are understandably looking to safeguard their assets. … Continue reading → The post Schwab Says This Can Double Your Retirement Savings appeared first on SmartAsset Blog.  ( 32 min )

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Tesla raised the price for a newer version of the Model 3 sedan, but they dropped the price of something else that might have investors confused.  ( 22 min )

After the Labor Day holiday, investors will kick off the first week of September with a host of earnings and Goldman's technology conference featuring the world's biggest AI players.  ( 32 min )

Investors continue to flock to money market funds in search of higher yields, posing an ongoing challenge to banks trying to keep deep-pocketed account holders.  ( 34 min )

State subsidies follow steel and solar panel playbook in reinforcing race for market share  ( 6 min )

Investors will face a holiday-shortened week after a run of economic data pared back bets on additional rate hikes from the Federal Reserve.  ( 34 min )

Investors will face a holiday-shortened week after a run of economic data pared back bets on additional rate hikes from the Federal Reserve.  ( 34 min )

Summer is shifting into fall, and winter won’t be far behind, followed by the holidays and the New Year – and already, investors are thinking about finding the best stocks to shape up their portfolios for 2024. Meanwhile, the analysts at Goldman Sachs have been busy curating their ‘top picks’ for the coming year. Goldman Sachs’ Top Picks give investors a useful pointer toward solid stock choices, but they aren’t the only one. Another comes from the Smart Score, an AI-driven, algorithm-based data  ( 36 min )

For many beer drinkers, 2023 has been a depressing year.  ( 32 min )

This week in Borderlands: Solar panel maker building $1B factory in New Mexico; McMaster-Carr to open $360M distribution center in Fort Worth; Startup Aircon raises $3.3M in seed funding; and Texas-based Ever.Ag acquires logistics platform. The post Borderlands: Solar panel maker to build $1B factory in New Mexico appeared first on FreightWaves.  ( 32 min )

(Bloomberg) -- Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the metals unit of chemicals maker Saudi Basic Industries Corp. for an enterprise value of 12.5 billion riyals ($3.3 billion).Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies  ( 31 min )

Softbank’s lofty ambitions for chip maker Arm have fallen short. Now the market is about to issue its verdict on the deal.  ( 26 min )

(Bloomberg) -- China’s trade and inflation data this week will likely signal that the economy’s recovery remains fragile, keeping pressure on policymakers to roll out more stimulus.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneBMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Covid Is Back. Is It Time to Pull Out Our Masks Again?Mohamed Al Fayed, Tycoon Who Clashed With Royals, D  ( 34 min )

The gap between federal spending and revenue is widening, but not for reasons that stimulate the economy.  ( 25 min )

German discounter is moving into more conventional big store territory in a fiercely competitive market  ( 6 min )

(Bloomberg) -- Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say they’re worried about a new threat: the strong franc.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out  ( 31 min )

Thousands of companies have added Roth 401(k)s to their retirement plans. Getting the math right is proving tricky.  ( 26 min )

(Bloomberg) -- Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from the Federal Reserve’s tightening campaign. The tensions wrongfooted many traders as prices sank, then recovered. Now, what comes next is up for debate in Singapore.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYD  ( 33 min )

What does an equity research analyst do on an everyday basis?  ( 20 min )

This controversial monetary policy has been used by some of the world's most powerful economies. But does it work?  ( 23 min )

The financial account is a component of a country’s balance of payments that outlines the net increases and decreases in ownership of a country’s assets.  ( 19 min )

Learn how to interpret the relationships between price, volume, and open interest in the options and futures markets.  ( 23 min )

If you have federal student loans, you have several repayment options. An IDR plan allows you to make payments based on your income and family size, ensuring you pay what you can afford.  ( 23 min )

A quantity discount is an incentive offered to buyers that results in a decreased cost per unit of goods or materials when purchased in bulk.  ( 18 min )

The debate rages on about whether insider trading is good or bad for financial markets. Some want it to be legal, and others want it to stay a crime.  ( 23 min )

Don't let your outdated resume prevent you from getting the job of your dreams.  ( 22 min )

Continuous compounding assumes interest is compounded and added to the balance an infinite number of times. See how this accelerates returns.  ( 26 min )

Learn more about the practice of banks writing off bad debts and removing them from their books, including a hypothetical example.  ( 19 min )

Personal Income and Outlays is a report produced by the Bureau of Economic Analysis that tracks personal income and monthly spending.  ( 19 min )

Before going after that internship, discover the steps you can take to increase your chances of landing a position.  ( 24 min )

Either an MBA or a CFA can get you in the door, but an MBA from a prestigious B-school could give you an edge.  ( 19 min )

A telex release is a convenient option for shippers who do not need original documents for their accounting or legal records.  ( 21 min )

According to the Ricardo-Barro effect, also known as Ricardian equivalence, increased debt-financed government spending leaves demand unchanged.  ( 19 min )

Overcrowding, staffing shortages, and widespread cancellations are hobbling air travel at a time that industry analysts had hoped would deliver a return to normalcy.  ( 21 min )

The Coronavirus Aid, Relief, and Economic Security (CARES) Act was a $2 trillion package of emergency assistance approved in 2020 in response to COVID-19.  ( 33 min )

The Federal Reserve's open market operations—the purchase or sale of government bonds and other securities—can push interest rates and the money supply lower or higher.  ( 25 min )

While artificial intelligence could supplant some occupations, it could also help bridge labor shortages. Slower AI adoption would give the labor market time to transition, a report concludes.  ( 19 min )

An associate in claims (AIC) is a professional designation for professionals with enhanced skill training to handle different types of claims.  ( 18 min )

The neoclassical growth theory is an economic concept where equilibrium is found by varying the labor amount and capital in the production function.  ( 19 min )

The average American now spends close to $13,000 a year on healthcare, and the costs are still rising. But why?  ( 26 min )

Kredietverstrekkers gebruiken vanaf 4 september strengere leennormen. Dit betekent dat we minder kunnen lenen om bijvoorbeeld een auto te kopen.  ( 3 min )

Indonesië wil buitenlandse investeerders aantrekken door zogenoemde gouden visa te verstrekken. Afhankelijk van de hoogte van het geïnvesteerde bedrag kunnen geldschieters voor een bepaalde periode van meerdere jaren in het land verblijven.  ( 3 min )

Advocaat Bénédicte Ficq doet maandagochtend namens ruim 2.600 mensen aangifte tegen chemisch bedrijf Chemours in Dordrecht. Zij beschuldigen de leidinggevenden van de fabriek ervan jarenlang met opzet giftige stoffen te hebben geloosd. Dit zijn de vijf belangrijkste vragen en antwoorden.  ( 6 min )

Elon Musk is attempting to make X a super app, but advertisers and users have fled and regulatory scrutiny continues to loom.  ( 1 min )

A hurdle rate is the minimum rate of return a project or investment must achieve before the manager or investor approves a predetermined condition.  ( 26 min )

Structural unemployment is difficult to measure, but there are hints in the data that the spike in unemployment following the crisis was not purely cyclical.  ( 23 min )

Most of the healthcare issues can be solved without too much effort, but it is important to plan ahead to avoid gaps in coverage.  ( 22 min )

Learn what a recession is, what an economy in a recession looks like, and why the unemployment rate tends to rise during a recession.  ( 27 min )

Defaults on student loans happen all the time and they can have substantial consequences on a borrower's financial future, but legislation pends to help out.  ( 23 min )

Life insurance and annuities allow individuals to invest on a tax-deferred basis, but how they pay policyholders is different. Learn how each works.  ( 27 min )

Roll rate refers to the percentage of credit card users who become increasingly delinquent on their accounts.  ( 23 min )

Learn about the price elasticity of supply, the law of supply, and why a price change can alter the pricing of goods in an economy.  ( 23 min )

There are several student loan repayment options you can choose from to pay off your debt. Learn what they are and how to pick the right one for you.  ( 26 min )

A base year is the first of a series of years in an economic or financial index. Base years are also used to measure the growth of a company.  ( 21 min )

Bitcoin has a strong presence in these 10 cities, as indicated by the number of ATMs that dispense it and merchants who accept it.  ( 24 min )

A gatekeeper is an individual or institution that regulates access to medical care. It's a set of requirements for receiving payouts in long-term care insurance.  ( 23 min )

ISO 14000 is a set of standards created to help businesses manage their environmental impact.  ( 23 min )

Current transfers are current account transactions in which a resident entity in one nation provides a non-resident entity with an economic value.  ( 19 min )

The Commerce Secretary overseas a vast business and commerce engine that drives the US economy.  ( 21 min )

Federal student loans can be subsidized or unsubsidized. Both types have to be paid back with interest, but the government makes some interest payments on subsidized loans.  ( 27 min )

A Section 125 (cafeteria) plan is an employer-sponsored plan that gives employees access to health insurance and childcare pretax benefits. Find out if you're eligible.  ( 23 min )

Cybersecurity company CrowdStrike (CRWD) posted solid earnings for the fiscal quarter ended July 31, driven by the robust performance of its AI-powered Falcon platform.  ( 17 min )

Ashton Kutcher’s venture capital firm, Sound Ventures LLC, is among the investors for open source AI company, Hugging Face. Kutcher has a net worth of $200 million thanks to acting and investing.  ( 18 min )

Spending on Beyoncé’s Renaissance Tour, Taylor Swift’s Eras Tour, and movie tickets for the summer’s hit films Barbie and Oppenheimer is expected to add about $8.5 billion to the economy in Q3 of 2023, according to a report by Morgan Stanley.  ( 18 min )

A collateralized borrowing and lending obligation (CBLO) is a financial instrument offered in which financial entities can secure short-term loans by providing collateral.  ( 22 min )

Cash and cash equivalents are the first items on a company's balance sheet, but they are not same.  ( 25 min )

Every taxpayer is required to pay their share to fund Medicaid and Medicare. Here's what it costs Americans and what you can expect to pay.  ( 28 min )

A home inventory crunch has pushed prices higher - and that's kept Americans sidelined and forced real estate investors to pull back on spending.  ( 32 min )

(Bloomberg) -- For the first time since the Federal Reserve started raising interest rates almost 18 months ago, the labor market is showing enough cracks to embolden some of the world’s largest bond investors to bet that the tightening cycle is finally ending.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Saola Departs Hong Kong After Bringing Destructive WindsBMW Unwraps Next-Generation E  ( 34 min )

(Bloomberg) -- Regional banks are poised to return to the debt markets in the biggest wave since June to meet new capital requirements in response to the failures of Silicon Valley Bank and Signature Bank.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneCovid Is Back. Is It Time to Pull Out Our Masks Again?BMW Unwraps Next-Generation EV to Take on Tesla, China’s BYDJimmy Buffett, Singer Who Spun Margaritas Into Gold, Dies at 76Diamond Prices Are in Free  ( 34 min )

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Robinhood bought back 55 million shares owned by SBF's Emergent Fidelity Technologies after four parties laid claim to the stock.  ( 31 min )

BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand overall, the luxury carmaker's chief financial officer (CFO) said at the IAA car show in Munich. In his first interview since becoming finance chief in May, Walter Mertl told Reuters that BMW had been able to grow 3.7% in China in the first half, faster than the world's top auto market as a whole, and expected this trend to continue. "We are assuming, and we are seeing this at the moment, that we will sell more this year than last year," Mertl said with regard to China, adding that the price war was predominantly affecting the cheaper segments of the auto market, where BMW is not active.  ( 31 min )

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I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.  ( 23 min )

The singer, author, and entrepreneur built an enormous business empire valued at several hundred million dollars.  ( 22 min )

(Bloomberg) -- Canada’s Finance Minister Chrystia Freeland instructed three of the founding investors of Wealth One Bank of Canada to divest their stakes in the lender, Globe & Mail reported Saturday, citing documents obtained through an access to information request.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X  ( 31 min )